Asset Management FeesLower asset management fees were reported due to the write off of costs related to a transaction that was not completed and less development activity.
Earnings DeclineFor Q3/24, Dream Unlimited reported standalone FFO per diluted share of $0.09, down from $0.42 in Q3/23, largely due to a greater volume of land sales in Western Canada during the prior year.
Profitability ConcernsCosts are increasing, which could impact profitability.