This report analyzes the notable increase in capital raised by Canadian Real Estate Investment Trusts (REITs) throughout 2025, emphasizing the key drivers and sectors contributing to this financial upswing.
Canadian REITs Experience Substantial Capital Growth in 2025
Overview of Canadian REIT Capital Offerings in 2025
In 2025, Canadian Real Estate Investment Trusts demonstrated a robust financial performance, collectively raising C$6.23 billion through various capital offerings. This figure represents a significant increase of over 23% compared to the C$5.03 billion garnered in the previous year, highlighting a buoyant period for the sector.
Dominance of Debt Offerings in Capital Generation
The majority of this capital, specifically C$5.44 billion, was sourced through debt offerings. This indicates a strong reliance on and investor confidence in debt instruments within the Canadian REIT market. Concurrently, common equity offerings played a supporting role, contributing approximately C$785.7 million to the total capital raised.
Fourth Quarter Momentum Fuels Annual Growth
The latter part of 2025, particularly the fourth quarter, saw an accelerated pace of capital market activities. Following a notable surge in the third quarter, the final three months of the year contributed C$1.42 billion to the overall capital raised, underscoring a strong finish to the year for Canadian REITs.
