Core Viewpoint - Parkit Enterprise Inc. has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid to purchase up to 11,501,900 common shares, representing approximately 10% of its public float, over a 12-month period starting March 30, 2026 [1][3] Group 1: NCIB Details - The NCIB will allow Parkit to purchase common shares through the TSX-V or alternative trading systems, with National Bank Financial Inc. acting as the agent [2] - The purchases will be funded from available cash, and the price will be based on the prevailing market price at the time of purchase [2] - The program is set to end on March 29, 2027, unless the maximum number of shares is purchased earlier or Parkit terminates the program [1] Group 2: Rationale and Previous NCIB - The Board of Directors believes the market price of the common shares does not reflect their underlying value, and the repurchase is seen as a way to create shareholder value [3] - Parkit previously conducted an NCIB for up to 11,088,361 common shares, which will end on March 27, 2026, and as of March 20, 2026, it had purchased 8,494,278 common shares under that program [5] Group 3: Company Overview - Parkit Enterprise Inc. is focused on acquiring, growing, and managing industrial properties in key urban markets in Canada, along with parking assets in the United States [6]

Core Insights - Preventive maintenance is becoming a competitive advantage in the industrial real estate market, particularly as many post-pandemic buildings enter their first maintenance phase [2][4] - A shift from reactive management to a preventive mindset is essential to protect ownership interests and tenant operations, as neglecting maintenance can erode property value [3][5] Industry Trends - The industrial sector has experienced explosive growth, leading to a significant increase in Class A facilities, many of which are now facing their first real maintenance phase [4] - Older buildings, aged between 30 and 50 years, continue to be part of the market, highlighting the need for ongoing maintenance regardless of the building's age [4][5] Maintenance Philosophy - Transitioning from a "fix fast" approach to a "fail less" strategy allows facilities managers to better address maintenance issues before they escalate into more significant problems [5] - Deferred maintenance can compound over time, leading to costly repairs and potential catastrophic events, emphasizing the importance of proactive management [5] Tenant Responsibilities - Tenants play a crucial role in maintaining property value; if they defer maintenance on their responsibilities, it can negatively impact the overall value of the property [6] - Lease agreements often require tenants to maintain critical systems, such as HVAC, to ensure the long-term value of the building is preserved [6]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, with tools like the Zacks Momentum Style Score aiding in identifying such stocks [3] Group 2: Industrial Logistics Properties Trust (ILPT) Analysis - ILPT has shown a four-week price change of 9.6%, indicating growing investor interest [4] - Over the past 12 weeks, ILPT's stock gained 11.2%, with a beta of 2.46, suggesting it moves 146% higher than the market [5] - ILPT has a Momentum Score of B, indicating a favorable time to invest [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - ILPT is trading at a Price-to-Sales ratio of 0.90, suggesting it is undervalued at 90 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides ILPT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]

Core Insights - Logistic Properties of the Americas (LPA) has entered into a forward purchase agreement for a portfolio of Class A industrial properties in Tepeji del Río, Mexico, representing an investment of approximately US$200 million [1] - The acquisition is part of a strategic partnership with Fortem Capital, aimed at expanding LPA's presence in Mexico and benefiting from ongoing demand in logistics and nearshoring activities [1] - Central Park 57, the industrial park involved in the transaction, is designed to be a modern logistics hub with approximately 2.1 million square feet of gross leasable area, strategically located along a key logistics corridor [1] Company Overview - LPA is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in Latin America, focusing on high-growth markets [1] - As of September 30, 2025, LPA's portfolio includes 35 logistics facilities across Costa Rica, Colombia, Peru, and Mexico, totaling approximately 560,000 square meters (or about 6.0 million square feet) of gross leasable area [1] Strategic Partnership - The partnership with Fortem Capital is characterized by a disciplined, partner-centric growth strategy, aimed at systematically increasing LPA's market presence while mitigating risks [1] - Fortem Capital emphasizes a disciplined approach to developing institutional-quality real estate platforms in strategic corridors, aligning with long-term demand drivers [1] Market Context - The location of Central Park 57 offers efficient connectivity to major regions, including Mexico City and Querétaro, positioning it to capitalize on the growth of e-commerce and third-party logistics [1] - The park is expected to provide a cost-effective alternative within the greater Mexico City industrial real estate market, catering to high-grade global and regional tenants [1]

Core Insights - Parkit Enterprise Inc. reported a full year 2025 performance with an 8% growth in same property Net Operating Income (NOI) and a 29% increase in Funds from Operations (FFO) [1][2] - The company executed a disciplined capital allocation strategy, including the sale of seven assets in Winnipeg, generating a $25 million gain, which strengthened its balance sheet and reduced debt [1][2] - Parkit established a 10% ownership position in PRO Real Estate Investment Trust (PROREIT), yielding approximately 6.9% [2] - The company signed nearly 90,600 square feet of new leases and renewed over 172,200 square feet at market rents, indicating strong demand for its industrial portfolio [1][2] Financial Performance - For the twelve months ended December 31, 2025, investment properties revenue increased by 9% to $28,266,344 compared to $26,042,617 in 2024 [3] - Net rental income rose by 14% to $20,277,319 for the same period, up from $17,789,525 in 2024 [3] - The company reported a net income of $25,519,121 for the twelve months ended December 31, 2025, compared to a net loss of $2,806,467 in 2024 [9] Acquisitions and Dispositions - In 2025, Parkit acquired two industrial properties for $21 million, totaling approximately 162,370 square feet [2] - The sale of seven assets in Winnipeg for $101.9 million resulted in a gain of $25.2 million, with proceeds used to pay down debt and invest in PROREIT [2] Operational Highlights - The company maintained a strong liquidity position with cash and cash equivalents exceeding $5.4 million at the end of the period [8] - Parkit executed lease renewals and new leases at market rates, contributing to the increase in net rental income [3][8] - The company’s cash flow from operations was $14,007,421 for the twelve months ended December 31, 2025, compared to $15,737,461 in 2024 [8] Future Outlook - Parkit is well-positioned to pursue disciplined acquisitions and further grow revenue, NRI, and FFO in 2026, supported by 92% of its debt being fixed [1][2] - The company aims to maximize cash flows from its industrial portfolio while streamlining operations of its parking properties [1][2]

Core Viewpoint - The company believes it is an opportune time for investors to buy its stock, driven by a reformed capital allocation strategy and positive market indicators [5]. Company Management - The company has recently completed a strategic realignment of its management team, promoting John Nahas to COO, which is expected to energize the leadership as they enter a new chapter [4]. Investment Rationale - The company presents three key reasons for investment: 1. A reformed approach to capital allocation that emphasizes operational rigor [5]. 2. Current market indications suggesting a potential bottom in the market [5].

Summary of Rexford Industrial Realty Conference Call Company Overview - **Company**: Rexford Industrial Realty (NYSE: REXR) - **Date**: March 02, 2026 - **Key Speakers**: Laura Clark (CEO), Michael Fitzmaurice (CFO), John Nahas (COO) Key Points Investment Thesis 1. **Capital Allocation and Operational Rigor**: The company has reformed its approach to capital allocation and operational efficiency, aiming to enhance cash flow quality and resilience, which is expected to drive growth in FFO (Funds From Operations) and NAV (Net Asset Value) per share [2][3][4] 2. **Market Conditions**: Current indicators suggest that the bottom of the Southern California industrial market is forming, with tapering market rent declines and increased touring activity, presenting a compelling entry point for investment [3][6] 3. **Unique Portfolio and Team**: Rexford's portfolio quality and operational expertise position it well for value creation and shareholder returns [3][8] Strategic Actions 1. **Portfolio Optimization**: The company is actively selling properties that do not meet return thresholds, with $185 million in dispositions under contract and a projected total of $400 million to $500 million for the year [4][5] 2. **Share Repurchases**: Rexford has executed $100 million in share repurchases year-to-date, following $250 million in the previous year, to capitalize on the dislocation between share price and intrinsic value [5][12] 3. **Operational Efficiency**: G&A expenses are expected to decrease to 6% of revenue, aligning with peer averages, and total executive compensation has been reduced by approximately 50% [6][58] Market Insights 1. **Sub-Market Performance**: The company identifies varying performance across Southern California sub-markets, with smaller properties (under 50,000 sq ft) remaining stable, while larger properties (400,000-700,000 sq ft) face challenges [19][20] 2. **Supply Constraints**: New supply in Southern California is at historic lows, with increasing long-term structural supply constraints, which is expected to benefit existing industrial properties [7][68] 3. **Power Needs**: The demand for higher power capacity is becoming a critical factor in property upgrades and tenant decisions, influencing the desirability of certain properties [43][49] Future Outlook 1. **Growth Strategy**: The company is focused on positioning its portfolio for future growth while maintaining a disciplined approach to capital allocation and risk management [65][66] 2. **Asset Recycling**: Rexford plans to continue its asset recycling strategy, selling 1%-3% of its assets annually to reinvest in higher-quality opportunities [70] 3. **Market Recovery**: The management is optimistic about the recovery of the Southern California market, driven by favorable land use regulations and the company's ability to upgrade its industrial stock [67][68] Additional Considerations 1. **Management Team**: The recent management changes and strategic realignment are expected to enhance the company's operational effectiveness and drive future success [2][37] 2. **AI Utilization**: The company is exploring the use of AI for operational efficiencies and capital underwriting, indicating a forward-looking approach to technology integration [38][39] This summary encapsulates the key insights and strategic directions discussed during the Rexford Industrial Realty conference call, highlighting the company's focus on capital efficiency, market positioning, and operational excellence.

Core Viewpoint - Rexford Industrial Realty, Inc. is actively managing its capital allocation strategy to enhance shareholder value through property dispositions and share repurchases, while preparing for an upcoming presentation at the Citi 2026 Global Property CEO Conference [1]. Disposition Activity - Year to date through February 25, 2026, the company sold two properties for a total of $41.2 million, including: - 18250 Euclid Street, Fountain Valley, sold for $26.7 million ($425 per square foot), fully occupied at the time of sale [1]. - 14005 Live Oak Avenue, Irwindale, sold for $14.5 million ($65 per land square foot), previously in the development pipeline, preserving approximately $20 million in future capital expenditures [1]. - The company has approximately $185 million in dispositions under contract or accepted offer, including five properties in the near-term development pipeline, subject to customary due diligence and closing conditions [1]. Share Repurchase Activity - In February, the company repurchased 2,670,227 shares of its common stock for $100 million at a weighted average price of $37.45 per share under a $500 million share repurchase program authorized by the Board of Directors, with $400 million remaining available [1]. Upcoming Conference - The company will present at the Citi 2026 Global Property CEO Conference on March 2, 2026, at 2:10 p.m. ET, with a live webcast available for investors [1]. Company Overview - Rexford Industrial focuses on investing in, operating, and repositioning industrial properties in infill Southern California, a high-demand market with low supply. As of December 31, 2025, the company’s portfolio included 419 properties with approximately 51.2 million rentable square feet [1].

Core Viewpoint - Rexford Industrial Realty, Inc. has announced the promotion of John Nahas to Chief Operating Officer, effective April 1, 2026, as part of a strategic realignment of its executive team [1] Group 1: Executive Changes - John Nahas, previously Managing Director of Operations, will oversee operations and investment functions including asset management, development, construction, leasing, and property management as COO [1] - Laura Clark, the current COO, will transition to the role of Chief Executive Officer [1] Group 2: Financial Guidance and Compensation - The company reaffirms its 2026 general and administrative expense guidance of approximately $60 million [1] - Rexford Industrial has significantly reduced total aggregate executive compensation by approximately 50% compared to prior levels [1] Group 3: John Nahas' Background - John Nahas has over 22 years of experience in real estate operations and investments, having joined Rexford Industrial in January 2023 [1] - Prior to Rexford, Nahas served as President of CenterCal Properties and held various roles at Regency Centers, a publicly traded retail REIT [1] Group 4: Company Overview - Rexford Industrial focuses on investing in and operating industrial properties in Southern California, which is noted as the world's fourth largest industrial market [1] - As of December 31, 2025, the company’s portfolio includes 419 properties with approximately 51.2 million rentable square feet [1]

Winter 2026 Investor Presentation FORWARD-LOOKING STATEMENTS & DEFINITIONS Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. STAG Industrial, Inc. ("STAG" or the "Company") intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Liti ...