NOI

Digital Realty Reports First Quarter 2024 Results

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星期四, 五月 2, 2024
Sale, SGX, Mitsubishi Group, Mitsubishi Corporation, Digital Realty, Acquisition, GI Partners, Blackstone Inc., NOI, Cryptocurrency

As previously disclosed, in the first quarter, Digital Realty successfully resolved its relationship with Cyxtera, with the closing of a series of transactions with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT.

Key Points: 
  • As previously disclosed, in the first quarter, Digital Realty successfully resolved its relationship with Cyxtera, with the closing of a series of transactions with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT.
  • Digital Realty received $277 million for its interest in four data centers and redeployed $55 million to buy out Cyxtera's leases in Digital Realty's Frankfurt and Singapore data centers.
  • Digital Realty also exercised its option to purchase a data center outside of London, UK, which is expected to close in the second quarter.
  • Digital Realty maintained its 2024 Core FFO per share and Constant-Currency Core FFO per share outlook of $6.60 - $6.75.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024

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星期四, 五月 2, 2024
Chase Bank, Sale, JPMorgan Chase, Common, Wells Fargo, Net, Investment, UMH, Real estate investment trust, White paper, Normalization, Conference, Conference call, Webcast, FFO, Senior, Common stock, Acquisition, NAREIT, Form 10-K, REIT, UMH Properties, Annual report, NOI, Absorption, GAAP, Growth, Interest, Life insurance

“We are pleased to announce another solid quarter of operating results and an excellent start to 2024.

Key Points: 
  • “We are pleased to announce another solid quarter of operating results and an excellent start to 2024.
  • Overall occupancy increased by 598 units or 220 basis points as compared to the first quarter of last year.
  • Senior management will discuss the results, current market conditions and future outlook on Friday, May 3, 2024, at 10:00 a.m. Eastern Time.
  • The Company’s 2024 first quarter financial results being released herein will be available on the Company’s website at www.umh.reit in the “Financials” section.

CTO Realty Growth Reports First Quarter 2024 Operating Results

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星期四, 五月 2, 2024
Core, Seminole Towne Center, Acquisition, NOI, Growth, Holding company

WINTER PARK, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended March 31, 2024.

Key Points: 
  • WINTER PARK, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended March 31, 2024.
  • Reported Net Income per diluted share attributable to common stockholders of $0.20 for the quarter ended March 31, 2024.
  • Reported Core FFO per diluted share attributable to common stockholders of $0.48 for the quarter ended March 31, 2024.
  • Reported AFFO per diluted share attributable to common stockholders of $0.52 for the quarter ended March 31, 2024.

Phillips Edison & Company Reports First Quarter 2024 Results and Affirms Full Year Earnings Guidance

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星期四, 四月 25, 2024
Core, Health, Partnership, Phillips Edison & Company, Comparable, Bank statement, Publix, NOI, PECO, OP, Growth

CINCINNATI, April 25, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended March 31, 2024 and affirmed full year 2024 earnings guidance.

Key Points: 
  • CINCINNATI, April 25, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended March 31, 2024 and affirmed full year 2024 earnings guidance.
  • For the three months ended March 31, 2024, net income attributable to stockholders was $17.7 million, or $0.14 per diluted share.
  • First quarter 2024 same-center net operating income (“NOI”) increased 3.7% to $106.7 million, compared to $102.9 million during the first quarter of 2023.
  • During the three months ended March 31, 2024, the Company acquired two shopping centers and one land parcel for a total of $55.9 million.

CubeSmart Reports First Quarter 2024 Results

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星期四, 四月 25, 2024
CubeSmart, Insurance, FFO, Tax, Acquisition, EPS, NOI, Security (finance)

MALVERN, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2024.

Key Points: 
  • MALVERN, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2024.
  • Net income attributable to the Company’s common shareholders was $94.5 million for the first quarter of 2024, compared with $97.6 million for the first quarter of 2023.
  • FFO, as adjusted, was $146.4 million for the first quarter of 2024, compared with $147.5 million for the first quarter of 2023.
  • Same-store NOI decreased 1.9% from the first quarter of 2023 to the first quarter of 2024.

Whitestone REIT Publishes Investor Presentation Highlighting Execution of Our Strategy to Continue Driving Long Term Sustainable Value Creation

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星期三, 四月 24, 2024
Sale, NOT, Annual general meeting, RPT Realty, Security (finance), Trustee, Cedar Realty Trust, REIT, WSR, NOI, Erez, Growth, Management

HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it filed an investor presentation with the Securities and Exchange Commission (the “SEC”) in connection with its 2024 Annual Meeting of Shareholders on May 14, 2024. The presentation is available at https://ir.whitestonereit.com/news-and-events/presentations/default.aspx.

Key Points: 
  • Our Company is positioned to continue delivering strong results with the midpoint of 2024 guidance indicating 11% year over year Core FFO per share growth.
  • Board overseeing a strategy that is driving value and executing on our long term strategic and operational goals.
  • Their criticisms of our strategy, operations, and corporate governance do not have merit and are meant to mislead shareholders.
  • Whitestone shareholders who have any questions or require any assistance with voting may contact our proxy solicitation firm, Mackenzie Partners, toll-free at (800)-322-2885.

Report on Financial Results for the Year Ended December 31, 2023

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星期二, 四月 23, 2024
Sale, ACFO, Investment, Nature, System, Insurance, Debt, MD, Disclosure, Liquidity, FFO, Public expenditure, EBIDTA, Tax, Analysis, Adjustment, Demand, NOI, TSX Venture Exchange, Knowledge, Security (finance)

In addition to IFRS results, these measures are also used internally to measure the operating performance of our property portfolio.

Key Points: 
  • In addition to IFRS results, these measures are also used internally to measure the operating performance of our property portfolio.
  • In addition, Urbanfund’s method of calculating non-IFRS results may differ from other reporting issuers, and, accordingly, may not be comparable.
  • Urbanfund has reviewed these guidelines and adopted certain measures, where appropriate, commencing with our fourth quarter 2017 reporting.
  • A reconciliation of FFO to IFRS net income is presented under the Results from Operations section above.

Retail Opportunity Investments Corp. Reports 2024 First Quarter Results

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星期二, 四月 23, 2024
Investment, PIN, Depreciation, Real estate investing, National Association, FFO, Supermarket, NOI, GAAP, SAN

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.

Key Points: 
  • SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.
  • Stuart A. Tanz, President and Chief Executive Officer of Retail Opportunity Investments Corp. stated, “As 2024 gets underway, we are off to a solid start.
  • The bulk of the increase was attributable to an anchor space that expired during the first quarter of 2024.
  • On April 23, 2024, the Board declared a cash dividend of $0.15 per share, payable on July 10, 2024 to stockholders of record on June 14, 2024.

Brandywine Realty Trust Announces First Quarter 2024 Results And Narrows 2024 Guidance

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星期三, 四月 17, 2024
Tenant, BDN, Trustee, FFO, Tender offer, Three Months, NOI, Absorption, Brandywine Realty Trust, Self storage

PHILADELPHIA, April 17, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2024.

Key Points: 
  • PHILADELPHIA, April 17, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2024.
  • “During the first quarter, we made excellent progress on our 2024 business plan highlighted by achieving 98% of our speculative revenue target based on the midpoint of our guidance,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.
  • Our first quarter 2024 payout ratio ($0.15 common share distribution / $0.24 FFO per diluted share) was 62.5%.
  • We leased approximately 359,000 square feet and commenced occupancy on 293,000 square feet during the first quarter of 2024.

SL Green Realty Corp. Reports First Quarter 2024 EPS of $0.20 Per Share; and FFO of $3.07 Per Share

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星期三, 四月 17, 2024
Investment, The Company, HNA, IM, SL Green Realty, Palisade, CSA, GAAP, SLG, One Vanderbilt, News, Conference, Madison Avenue, EPA, FFO, McDermott Will & Emery, Consultant, Organization, Sale, Tenant, Seventh Avenue, Flutter Entertainment, Acquisition, Trust, REIT, Fifth Avenue, NOI, Security (finance)

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net income attributable to common stockholders for the quarter ended March 31, 2024 of $13.1 million, or $0.20 per share, as compared to a net loss of $39.7 million, or $0.63 per share, for the same quarter in 2023.

Key Points: 
  • Signed 60 Manhattan office leases covering 633,660 square feet in the first quarter of 2024.
  • The acquisition is expected to close in the fourth quarter of 2024.
  • The sale is expected to close in the second quarter of 2024 and generate net proceeds of $20.0 million.
  • As of March 31, 2024, SL Green held interests in 57 buildings totaling 32.4 million square feet.