Madison Pacific Properties recorded a notable rise in net income for the nine-month period ending late September 2025, driven largely by a substantial fair value adjustment on its investment portfolio. The company reported net earnings of C$20.9 million, with C$18.6 million attributed to gains from the revaluation of its properties. With an investment property base valued at C$758 million and high occupancy across both industrial and residential assets, the business continued to demonstrate operational stability. However, the firm refrained from offering any detailed forward-looking guidance during the past week.
Madison Pacific Properties has reported that its net income for the nine-month period ending late September had increased to C$20.9 million. The rise in earnings was attributed primarily to a significant gain of C$18.6 million stemming from a fair value adjustment on its investment properties. The company stated that it currently holds investment assets valued at C$758 million.
The business highlighted that occupancy levels remained strong throughout the period, with approximately 97.23% of its industrial and commercial properties leased and around 98.33% of its residential portfolio occupied. These levels were said to have contributed to steady and predictable revenue flows.
Despite the improvement in performance, Madison Pacific Properties did not issue any specific guidance regarding its expectations for the coming months, opting instead to withhold forward-looking statements during the past week.
Madison Pacific Properties' latest financial update reflected a period of strengthened profitability supported by robust occupancy rates and a sizeable fair value gain on its property portfolio. While the company's broad asset base and leasing stability continued to underpin consistent returns, its decision not to provide future guidance left market observers without insight into its near-term outlook. Overall, the business closed the recent reporting period in a stronger position, with its operational discipline and substantial property holdings reinforcing confidence in its ongoing performance.
Source - Reuters
5th Jun, 2025
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