A guide to REALPAC’s operating performance metrics
KPMG has prepared this report to provide the Canadian real estate industry with a guide to REALPAC’s operating performance metrics. The industry in Canada and around the world is moving towards using non-IFRS measures for key performance indicators. REALPAC revised exiting metrics and introduced new metrics to enhance the reliability and comparability of measuring the operating performance of real estate investment trusts and real estate operating companies. Our report provides the Canadian real estate industry with a clear picture of what is expected, what the changes mean to reporting and how these measures reconcile with IFRS.