Canadian Net REIT: Attractively Valued Despite High Indebtedness

  • Canadian Net Real Estate Investment Trust leases real estate to retailers such as Loblaws, Walmart, Metro, and Sobeys on a net lease basis. Cash flows increased in Q1 2025, driven by higher rents and marginally lower financing expenses. Looking ahead, financing costs are likely to increase as legacy mortgages are refinanced at current market rates in 2025-2033.