Madison Pacific Properties Inc. announces the results for the year ended December 31, 2025

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, British Columbia, March 11, 2026 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the year ended December 31, 2025.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentIn July 2024, the Company’s Board of Directors approved a change of financial year-end of the Company from August 31 to December 31. This change of year-end is effective for the financial year commencing September 1, 2024. The Company compared its December 31, 2025 year-end results to the year ended August 31, 2024, the last full year of results prior to the change in financial year end.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentThe results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentFor the year ended December 31, 2025, the Company is reporting a net income of $31.7 million (year ended August 31, 2024: net loss of $44.2 million); cash flows generated from operating activities before changes in non-cash operating balances of $11.1 million (year ended August 31, 2024: $11.4 million); and income per share of $0.44 (year ended August 31, 2024: loss per share of $0.74). Net income includes a net gain on the fair value adjustment on investment properties of approximately $28.6 million (year ended August 31, 2024: net loss of $0.2 million), gains on fair value adjustment on interest rate swaps of nil million (year ended August 31, 2024: losses of $4.2 million), equity losses of associate and joint ventures of $2.5 million (year ended August 31, 2024: equity earnings of $0.4 million), interest expense of $15.9 million (year ended August 31, 2024: $12.7 million), and interest income of $0.8 million (year ended August 31, 2024: $2.5 million). Included in the net loss for year ended August 31, 2024 was a full provision of $51.5 million recorded against the carrying value of the Company’s tax deposits and deferred tax assets related to unused carryforward amounts, and recognizing a liability for estimated awarded legal costs for the Company’s tax appeals.Article contentArticle contentAs at December 31, 2025, the Company owns approximately $768 million in investment properties (December 31, 2024: $724 million).Article contentAs at the date of this Press Release, the Company’s investment portfolio comprises 54 properties with approximately 2.0 million rentable sq. ft. of industrial and commercial space and a 50% interest in nine multi-family rental properties with a total of 259 units. Approximately 97.03% of available space within the industrial and commercial investment properties is currently leased and within the multi-family residential properties, 98.84% of available units are currently leased. The Company’s development properties include a 50% interest in the Silverdale Hills Limited Partnership which currently owns approximately 1,425 acres of primarily residential designated development lands in Mission, British Columbia.Article contentFor a review of the risks and uncertainties to which the Company is subject, see its most recently filed annual and interim MD&A. Article contentContact:Mr.

Dino Di MarcoMs.

Bernice Yip President & CEOChief Financial OfficerTelephone:(604) 732-6540(604) 732-6540 Address:389 West 6th Avenue Vancouver, B.C. V5Y 1L1 Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending 82 Canadians crack Forbes’ 2026 list of the world’s billionaires. Here's the top 10 High Net Worth What's next for Roots, the iconic Canadian brand that said it might put itself up for sale? Retail & Marketing Should couple in their 50s who want to retire tap into RRSPs or apply for CPP?

Family Finance Posthaste: Canada is losing the productivity battle, even in the grocery aisles News Pandemic years saw a surprising change in Canada's wealth gap, report says Wealth Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. 82 Canadians crack Forbes’ 2026 list of the world’s billionaires. Here's the top 10 High Net Worth What's next for Roots, the iconic Canadian brand that said it might put itself up for sale? Retail & Marketing Should couple in their 50s who want to retire tap into RRSPs or apply for CPP?

Family Finance Posthaste: Canada is losing the productivity battle, even in the grocery aisles News Pandemic years saw a surprising change in Canada's wealth gap, report says Wealth