Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced its financial results for the three and nine months ended September 30, 2025.
Highlights
- Average Same Property Occupancy in retirement segment up 230 basis points (“bps”) year over year, and 200 bps quarter over quarter, to 94.1% in Q3 2025, further increasing to 94.7% in October 2025
- Same Property Net Operating Income (“NOI”), excluding One-Time Items, up 9.7% year-over-year to $46.4 million in Q3 2025
- Retirement Segment up 13.2% year-over-year in Q3 2025
- Long-Term Care (“LTC”) Segment up 6.7% year-over year in Q3 2025
- Adjusted Funds from Operations (“AFFO”), excluding One-Time Items, increased by 36.1% year-over-year, or by 12.0% on a per share basis, in Q3 2025
- AFFO Payout Ratio, excluding One-Time Items, lowered to 78.7% in Q3 2025 from 91.3% in Q3 2024
- $652 million in acquisitions and developments completed to date in 2025
- $67 million purchase agreement signed for retirement residence in Greater Toronto Area, bringing total acquisitions under contract to $161 million and increasing year-to-date portfolio expansion to over $800 million
- $175 million in unsecured debentures issued in August 2025, bearing an interest rate of 4.112% per annum
Read the full article: globenewswire.com
