Recent Changes to AFFO and ACFO

August 2017

REC_REITs_31July17_AFFO_and_ACFO_Landing_679x220.jpg

This past February, the Real Property Association of Canada (REALpac) announced a new financial accounting performance metric, in addition to modifying the definitions of two others.

The updated definitions are designed to provide consistent and systematic information for Real Estate Investment Trusts (REITs), Real Estate Operating Companies (REOCs), analysts and investors so that non-IFRS performance measures can be more easily and reliably measured and scrutinized.

If you are in the real estate industry or have financial interests in it, don't miss this primer explaining how updated standards could impact you. Download your complimentary copy of our report today.

Learn more about BDO's Real Estate and Construction services.