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Based upon that evaluation, our President and Chief Executive Officer and our Chief Financial Officer and Treasurer concluded that our disclosure controls and procedures are effective.
−Removed: There have been no changes in our internal control over financial reporting during the quarter ended June 30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: There have been no changes in our internal control over financial reporting during the quarter ended
+Added: September 30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Warning Concerning Forward-Looking Statements
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Rental income from our properties in Hawaii have generally increased during our and our predecessors’ ownership as the leases for those properties have been reset, extended or renewed.
−Removed: Although we expect that rents for our Hawaii Properties could increase in the future, subject to the impact of the COVID-19 pandemic, we
−Removed: cannot be sure they will increase.
+Added: Although we expect that rents for our Hawaii Properties could increase in the future, subject to the impact of the COVID-19 pandemic, we cannot be sure they will increase.
Future rents from these properties could decrease or not increase to the extent they have in the past or by the amount we expect, particularly in the current economic conditions,
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• It is difficult to accurately estimate leasing related obligations and costs of development and tenant improvement costs.
−Removed: Our leasing related obligations, development projects and tenant improvements may cost more and may take longer to complete than we currently expect and we may incur increasing amounts for these and similar purposes in the future,
+Added: Our leasing related obligations, development projects and tenant improvements may cost more and may
+Added: take longer to complete than we currently expect and we may incur increasing amounts for these and similar purposes in the future,
• Economic conditions in areas where our properties are located may decline in the future.
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• Our Board of Trustees considers, among other factors, our dividend yield and our dividend yield compared to the dividend yields of other industrial REITs when setting our distributions to shareholders.
−Removed: This may imply that we will maintain or seek to maintain a specific dividend yield on our common shares.
+Added: This may imply that we
+Added: will maintain or seek to maintain a specific dividend yield on our common shares.
However, the dividend yield is only one of many factors our Board of Trustees considers in its discretion when setting our distributions to shareholders.
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We do not intend to maintain or to seek to maintain any specific yield on our common shares,
−Removed: • We believe that we are well positioned to weather the present disruptions of the COVID-19 pandemic facing the real estate industry.
+Added: • We believe that we are well positioned to weather the present COVID-19 pandemic conditions in the economy and the real estate industry.
However, the full extent of the future impact of the COVID-19 pandemic to us is unknown and we may not realize similar or better operating results in the future,
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However, the advantages we believe we may realize from these relationships may not materialize.
−Removed: Currently unexpected results could occur due to many different circumstances, some of which are beyond our control, such as the COVID-19 pandemic and its aftermath, acts of terrorism, natural disasters, changes in our tenants’ financial conditions, the market demand for leased space or changes in capital markets or the economy generally.
+Added: Currently unexpected results could occur due to many different circumstances, some of which are beyond our control, such as the COVID-19 pandemic and its aftermath, acts of terrorism, natural disasters or climate change, changes in our tenants’ financial conditions, the market demand for leased space or changes in capital markets or the economy generally.
The information contained elsewhere in this Quarterly Report on Form 10-Q and in our 2020 Annual Report or in our other filings with the SEC, including under the caption “Risk Factors”, or incorporated herein or therein, identifies other important factors that could cause differences from our forward-looking statements.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.