Welcome to our dedicated page for Urban Edge Pptys news (Ticker: UE), a resource for investors and traders seeking the latest updates and insights on Urban Edge Pptys stock.
Urban Edge Properties reports news as a NYSE-listed real estate investment trust focused on owning, managing, acquiring, developing and redeveloping retail real estate in urban communities, primarily along the Washington, D.C. to Boston corridor. Company updates commonly cover leasing activity, occupancy, same-property NOI, rental revenue, funds from operations, portfolio acquisitions and sales, and redevelopment activity across its retail property base.
Recurring announcements also include quarterly common dividends, annual REIT dividend tax treatment, earnings conference calls, credit facility amendments and other balance-sheet actions tied to the company’s retail real estate operating model.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Urban Edge Properties (NYSE: UE) hosted its Investor Day, outlining growth opportunities and updating its 2023 outlook. The company raised its FFO as Adjusted guidance by $0.02 to $1.16 per share, citing higher NOI growth alongside reduced general and administrative costs. Additionally, a three-year target for FFO as Adjusted was set at $1.35 per share, a 16% increase over the revised 2023 target. Chairman and CEO Jeff Olson emphasized the resilience of retail real estate post-pandemic, noting a projected 20% growth in NOI over three years, primarily from executed leases and rent bumps. Urban Edge manages 76 properties, totaling 17.2 million square feet, strategically positioned in the D.C. to Boston corridor.