Crombie Real Estate Investment Trust (CRR.UN) AGM 2026 presentation summary

Meeting agenda and governance

• Annual meeting covered trustee elections, auditor appointment and remuneration, executive compensation, and review of audited financials for 2024 and 2025.

• Chair and CEO provided remarks, followed by a Q&A session.

Strategic growth and operational performance

• Portfolio expanded from 44 properties (7.2M sq. ft.) at IPO to 308 properties (18.9M sq. ft.) by 2025.

• Coast-to-coast presence with significant assets in all major provinces.

• Focus on grocery-anchored retail, retail-related industrial, and mixed-use residential assets, totaling $6.2B in fair value.

Financial highlights and stability

• AFFO per unit grew at a 6.7% CAGR, reaching $1.15 in 2025.

• Unencumbered investment properties increased to $6.0B in 2025.

• Debt to gross book value at 45.5% and interest coverage at 3.39x as of December 2025.

• BBB credit rating with a stable trend from Morningstar DBRS.