Welcome to our dedicated page for Acadia Rlty Tr news (Ticker: AKR), a resource for investors and traders seeking the latest updates and insights on Acadia Rlty Tr stock.
Acadia Realty Trust (NYSE: AKR) is an equity REIT that regularly issues news about its street and open-air retail real estate portfolio and its institutional Investment Management Platform. This news page for AKR aggregates the company’s press releases and third-party coverage so readers can follow how Acadia’s Core or REIT Portfolio and its co-investment funds are evolving over time.
According to its disclosures, Acadia owns and operates a high-quality portfolio of street and open-air retail properties in what it describes as the nation’s most dynamic retail corridors, and it manages opportunistic and value-add investments through institutional co-investment vehicles. As a result, its news flow often includes updates on acquisitions and dispositions of retail and mixed-use properties, leasing activity in key corridors, and performance metrics such as same-property NOI growth, leasing spreads, and occupancy levels.
Investors following AKR news can also expect regular earnings announcements, including quarterly results, FFO and NOI reconciliations, and updated annual guidance ranges. The company frequently announces details about conference calls to review operating results, as well as participation in real estate and investor conferences where its management team presents and hosts meetings with investors.
Because Acadia is a dividend-paying REIT, its news stream includes dividend declarations authorized by its Board of Trustees, with per-share amounts and key dates. In addition, the company issues updates on capital markets and balance sheet activity, such as term loans, revolving credit facilities, equity raises under at-the-market programs, and Net Debt-to-EBITDA metrics.
Corporate governance and leadership changes, such as the appointment of senior executives and related compensation arrangements, are disclosed through press releases and Form 8-K filings and are reflected in this news feed. Readers interested in AKR can use this page to monitor these recurring categories of news and to review historical announcements alongside the latest updates.
Acadia Realty Trust (NYSE:AKR) has declared a first quarter cash dividend of $0.18 per common share, marking a 20% increase over the previous quarter's dividend. This dividend is set to be paid on April 14, 2022, to shareholders on record as of March 31, 2022. Acadia Realty focuses on long-term growth through its Core Portfolio and Fund platforms, aiming to strengthen its position in dynamic markets while maintaining a robust balance sheet.
Acadia Realty Trust (NYSE: AKR) reported strong Q4 results with GAAP earnings per share at $0.03 and FFO per share at $0.28. Same-property NOI rose by 3.2%, driven by the Street/Urban portfolio. The company made substantial investments, totaling approximately $138 million, and boasts a leased rate of 93.2%. A dividend increase of 20% to $0.18 was announced. Acadia expects 2022 earnings per share guidance of $0.19 to $0.32 and FFO before special items of $1.15 to $1.31. The company plans to restate prior financial statements due to accounting errors, impacting classifications but not significantly affecting reported income.
Acadia Realty Trust (NYSE: AKR) will announce its fourth quarter 2021 earnings on February 15, 2022, after market close. A conference call is scheduled for February 16, 2022, at 12:00 PM ET, where management will discuss earnings and operational results. Investors can join via phone or webcast, with details provided in the press release. Acadia Realty aims for long-term growth through a disciplined investment strategy focused on urban retail assets and has a strong balance sheet to support its operations. For more details, visit their website.
Acadia Realty Trust (NYSE: AKR) announces key year-end promotions to strengthen its leadership team. John Gottfried is promoted to Executive Vice President and Chief Financial Officer, enhancing financial strategy. Jason Blacksberg advances to Senior Vice President and Chief Legal Officer, overseeing legal and governance matters. A.J. Levine is appointed Senior Vice President of Leasing and Development. Other promotions include Amy Racanello and Tracey Mitnick. The company bids farewell to Christopher Conlon, COO, who will transition to a CEO role elsewhere.
Acadia Realty Trust (NYSE: AKR) announced the federal tax treatment for its 2021 distributions to common shareholders. The total distribution per share is reported at $0.150000 for each of the four quarters, with corresponding payment dates following each record date. Ordinary dividends are eligible for a 20% deduction for non-corporate shareholders under Internal Revenue Code Section 199A. Shareholders are advised to consult tax advisors regarding their specific tax implications. Acadia focuses on profitable growth through its core real estate portfolio and strategic investments.
Acadia Realty Trust (NYSE: AKR) announced a leasing update and participation in NAREIT's REITworld®: 2021 Annual Conference from November 9-11, 2021.
In November 2021, Crossroads Joint Venture LLC terminated its lease with Kmart at Crossroads Shopping Center and executed a new long-term lease for the space, pending approvals. Acadia holds a 49% stake in the venture. The shopping center features tenants like PGA Tour Superstore, HomeGoods, and PetSmart. The company will host virtual investor meetings during the conference, with presentations available online.
Acadia Realty Trust (NYSE:AKR) declared a $0.15 cash dividend per common share for the quarter ended December 31, 2021. The dividend is payable on January 14, 2022 to shareholders on record as of December 31, 2021. Acadia focuses on long-term growth through its dual operating platforms, strengthening its portfolio in prime locations. The company maintains a strong balance sheet and aims to capitalize on profitable investment opportunities.
Acadia Realty Trust (NYSE: AKR) reported strong Q3 2021 results, with GAAP earnings per share of $0.13 and FFO per share of $0.41. The company achieved a 7% increase in same-property NOI and improved cash collections to 97%. The Core Portfolio occupancy rose to 90.3%, while leasing activity exceeded $16 million. Significant acquisitions included $96 million in Fund V and a $42 million structured financing investment. The company reaffirmed 2021 FFO guidance of $1.05 to $1.14 per share, indicating positive long-term growth prospects.
Acadia Realty Trust (NYSE: AKR) will announce its Q3 2021 earnings on October 26, 2021, after market close. A conference call will follow on October 27, 2021, at 11:00 AM ET to discuss earnings and operating results. Dial-in information is provided, and a webcast will be available at www.acadiarealty.com. The company focuses on long-term growth through its dual operating platforms and strategic investment approach.
Acadia Realty Trust (NYSE: AKR) announced the completion of approximately