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Combined Balance Sheets - CAD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Non-current assets:    
Investment properties $ 8,808,139 $ 8,839,571
Acquisition deposits 0 8,487
Deferred tax assets 639 629
Fixed assets, net 3,146 4,037
Derivatives 100,200 151,855
Other assets 2,555 2,181
Total non-current assets 8,914,679 9,006,760
Current assets:    
Assets held for sale 0 41,182
Derivative 9,042 0
Loan receivable 0 69,186
Accounts receivable 12,166 12,176
Income taxes receivable 589 1,288
Prepaid expenses and other 13,767 14,681
Cash and cash equivalents 116,134 135,081
Total assets 9,066,377 9,280,354
Non-current liabilities:    
Unsecured debt, net 2,821,849 2,583,930
Derivatives 8,429 6,391
Long-term portion of lease obligations 32,416 32,977
Deferred tax liabilities 535,551 557,391
Total non-current liabilities 3,398,245 3,180,689
Current liabilities:    
Unsecured debt, net 244,133 399,707
Derivative 0 7,076
Secured debt 0 51,373
Deferred revenue 17,810 17,358
Accounts payable and accrued liabilities 94,336 114,775
Distributions payable 17,415 16,991
Short-term portion of lease obligations 765 746
Income taxes payable 10,032 11,292
Total liabilities 3,782,736 3,800,007
Equity:    
Stapled unitholders’ equity 5,276,951 5,475,375
Non-controlling interests 6,690 4,972
Total equity 5,283,641 5,480,347
Total liabilities and equity $ 9,066,377 $ 9,280,354