Affo

ALIANSCE: Net revenue growth of 7.8% and AFFO expansion of 39.8% in 1Q19

Retrieved on: 
Thursday, May 9, 2019
Revenue, Yoy, Affo

Rent revenue up 6.0% yoy in 1Q19, the main driver for the 8.6% NOI growth in the same period.

Key Points: 
  • Rent revenue up 6.0% yoy in 1Q19, the main driver for the 8.6% NOI growth in the same period.
  • Parking revenue increased by 10.0% in 1Q19.
  • Debt reprofiling strategy and financial expenses down by R$10.6 million yoy led to R$53.9 million AFFO with 39.2% margin in 1Q19.
  • For a full version of 1Q19 Earnings Release, refer to http://ir.aliansce.com.br
    According to management, Aliansce sustained its revenue expansion trend in 1Q19, with increment in several revenue categories.

American Finance Trust Announces First Quarter 2019 Results

Retrieved on: 
Wednesday, May 8, 2019
Real estate investment trust, Income, FFO, Affo, Cash flow, Funds from operations

A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measure, which is net income, is provided below.

Key Points: 
  • A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measure, which is net income, is provided below.
  • Consequently, our presentation of FFO and AFFO may not be comparable to other similarly-titled measures presented by other REITs.
  • However, FFO and AFFO are not indicative of cash available to fund ongoing cash needs, including the ability to pay cash dividends.
  • NOI excludes certain components from net income in order to provide results that are more closely related to a property's results of operations.

NHI Announces First Quarter 2019 Results

Retrieved on: 
Tuesday, May 7, 2019
Health, Hospitals, REIT, Construction & Property, Commercial Building & Real Estate, Managed care, Real estate investment trust, Affo, Normalization

See Notes to Reconciliation of FFO, Normalized FFO, Normalized AFFO and Normalized FAD.

Key Points: 
  • See Notes to Reconciliation of FFO, Normalized FFO, Normalized AFFO and Normalized FAD.
  • Notes to Reconciliation of FFO, Normalized FFO, Normalized AFFO and Normalized FAD
    These supplemental operating performance measures may not be comparable to similarly titled measures used by other REITs.
  • Since other REITs may not use our definition of these operating performance measures, caution should be exercised when comparing our Companys FFO, Normalized FFO, Normalized AFFO and Normalized FAD to that of other REITs.
  • Additionally, normalized FAD improves the understanding of our operating results among investors and makes comparisons with: (i) expected results, (ii) results of previous periods and (iii) results among REITs, more meaningful.

Realty Income Announces International Expansion: £429 Million Sale-Leaseback Transaction With Sainsbury's

Retrieved on: 
Monday, April 22, 2019
Corporate finance, Finance, Economy, Money, Dividend, Income, Stock, Cash flow, Affo

FFO and AFFO should not be considered as alternatives to reviewing our cash flows from operating, investing, and financing activities.

Key Points: 
  • FFO and AFFO should not be considered as alternatives to reviewing our cash flows from operating, investing, and financing activities.
  • In addition, FFO and AFFO should not be considered as measures of liquidity, our ability to make cash distributions, or our ability to pay interest payments.
  • To further detail this strategic transaction, the company will host a conference call on April22, 2019 at 2:00 p.m. PDT.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income.

Griffin Capital Essential Asset REIT II Reports Fourth Quarter and Full Year 2018 Results

Retrieved on: 
Tuesday, March 19, 2019
REIT, Construction & Property, Commercial Building & Real Estate, Other Construction & Property, Real estate investment trust, Affo, Asset, Funds from operations

GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.

Key Points: 
  • GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.
    Our management believes that historical cost accounting for real estate assets in accordance with GAAP implicitly assumes that the value of real estate assets diminishes predictably over time.
  • Additionally, we use AFFO as a non-GAAP financial measure to evaluate our operating performance.
  • We also believe that AFFO is a recognized measure of sustainable operating performance by the REIT industry.
  • Our calculation of FFO and AFFO is presented in the following table for the years ended December31, 2018, 2017 and 2016 (dollars in thousands):

Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2018 Results

Retrieved on: 
Wednesday, March 13, 2019
Health, Alternative medicine, REIT, Retail, Construction & Property, Commercial Building & Real Estate, Tobacco, Affo, Cannabis, Medicine, Plants, Clinical medicine

IIP generated rental revenues of approximately $4.7 million in the quarter, representing a 111% increase from the prior year's quarter.

Key Points: 
  • IIP generated rental revenues of approximately $4.7 million in the quarter, representing a 111% increase from the prior year's quarter.
  • Fourth quarter 2018 AFFO and AFFO per diluted share for the quarter increased by approximately 344% and 65% from the prior year period, respectively.
  • Innovative Industrial Properties, Inc.will conduct a conference call and webcast at10:00 a.m. Pacific Time(1:00 p.m. Eastern Time) onThursday, March 14, 2019to discuss IIP's financial results and operations for the fourth quarter and year ended December 31, 2018.
  • Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities.

Pure Multi-Family REIT LP Announces Release of Fourth Quarter and 2018 Financial Results and Conference Call

Retrieved on: 
Friday, March 8, 2019
Affo

The non-recurring expenditures, resulting from the strategic review process, included within G&A expenses were $1,406,920 during the year ended December 31, 2018.

Key Points: 
  • The non-recurring expenditures, resulting from the strategic review process, included within G&A expenses were $1,406,920 during the year ended December 31, 2018.
  • Removing these non-recurring expenditures results in an adjusted G&A expense as a percentage of revenues of 6.0% for the year ended December 31, 2018.
  • Pure Multi-Family's FFO and AFFO payout ratios increased slightly during the three months ended December 31, 2018 compared to the same period in the prior year.
  • Pure Multi-Family's FFO and AFFO payout ratios improved during the year ended December 31, 2018 compared to the prior year.

ALIANSCE: EBITDA expansion of 7.5% and AFFO growth of 20.4% in 2018

Retrieved on: 
Tuesday, February 26, 2019
Profit, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Affo

EBITDA up 7.5% to R$ 410.1 million in 2018, due to higher top line and lower PDA costs.

Key Points: 
  • EBITDA up 7.5% to R$ 410.1 million in 2018, due to higher top line and lower PDA costs.
  • Improved operational figures and renegotiation of financing and pre-payments led AFFO up 20.4% yoy to R$89.1 million with 55.4% margin in 4Q18 and R$234.5 million with 42.2% margin in the year.
  • Total sales grew 5.3% to R$1.9 billion, with sales per sqm up 4.8% in 4Q18.
  • For a full version of 4Q18 and 2018 Earnings Release, refer to http://ir.aliansce.com.br
    According to management, Aliansce witnessed positive dynamics in 2018 despite the challenging scenario.

ALIANSCE: In 3Q18 EBITDA expansion of 10.3% and AFFO growth of 18.6% yoy

Retrieved on: 
Thursday, November 8, 2018
Yoy, Earnings before interest, taxes, depreciation, and amortization, Affo

Rent revenue grew in 3Q18, expanding 3.5% yoy.

Key Points: 
  • Rent revenue grew in 3Q18, expanding 3.5% yoy.
  • Lower mall operating costs and PDA contributed to the R$96.6 million EBITDA, with 73.5% margin the highest for a 3rd quarter since 3Q15.
  • Better operational figures and debt renegotiation led to R$51.0 million AFFO, with 38.2% margin the highest for a 3rd quarter since 3Q13.
  • In LTM, 478 stores were leased, up 9.9% yoy, increasing the portfolio's occupancy rate by 70 bps vs. 2Q18.

VEREIT® Announces Second Quarter 2018 Operating Results

Retrieved on: 
Friday, August 3, 2018
Affo, Real estate investment trust

PHOENIX, Aug. 3, 2018 /PRNewswire/ --VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending June30, 2018.

Key Points: 
  • PHOENIX, Aug. 3, 2018 /PRNewswire/ --VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending June30, 2018.
  • AFFO for the quarter ended June30, 2018 increased $4.1 million to $178.8 million, as compared to $174.7 million for the same quarter in 2017, and AFFO per diluted share remained at $0.18 for the quarter ended June30, 2018, as compared to the same quarter in 2017.
  • During the second quarter of 2018, the Company repurchased approximately 0.8 million shares of its common stock at an average price of $6.95 per share.
  • During the quarter ended June 30, 2018, same-store rents (3,942 properties) increased 0.5% as compared to the same quarter in 2017.