The Globe and Mail reports in its Tuesday, March 4, edition that Desjardins Securities analyst Lorne Kalmar has reaffirmed his "buy" recommendation for Chartwell Retirement REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kalmar jacked up his unit target by $2 to $20. Analysts on average target the units at $18.91. While units of Chartwell Retirement REIT have jumped by 36 per cent over the past 12 months, including a gain of more than 12 per cent thus far in 2025, Mr. Kalmar thinks it is not time to sell, seeing "still a long runway of growth ahead." Mr. Kalmar says in a note: "Chartwell reported 38-per-cent FFOPU [funds from operations per unit] growth in 2024 and is poised to deliver average annual FFOPU growth of 17 per cent through 2025/26. While the past several years have benefited from occupancy and margin recoveries, we highlight that we have yet to see any material change in rent growth. We expect market rent growth to begin accelerating in 2026 as portfolio occupancy reaches stabilized levels. This dynamic should underpin outsized FFOPU growth in 2027 and beyond. ... As the portfolio stabilizes over the course of 2025 and 2026, we expect to see the use of incentives decline."