Economic Sensitivity and Rental Income Volatility: The company's performance is highly dependent on overall economic conditions, which can impact tenant demand, rental rates, and property valuations, potentially leading to decreased revenue and profitability.

Rising Interest Rates and Financing Costs: An increase in prevailing interest rates could raise the cost of existing variable-rate debt and new borrowings, negatively affecting net income and the ability to finance future acquisitions or developments.

Tenant Turnover and Default Risk: The loss of key tenants, tenant defaults on lease obligations, or an inability to renew leases at favorable terms could lead to increased vacancies and reduced rental income.