share_log

Earnings Call Summary | InvenTrust Properties(IVT.US) Q4 2023 Earnings Conference

Earnings Call Summary | InvenTrust Properties(IVT.US) Q4 2023 Earnings Conference

業績電話會議摘要 | Inventrust Properties (IVT.US) 2023 年第四季度業績發佈會
moomoo AI ·  02/14 17:36  · 電話會議

The following is a summary of the InvenTrust Properties Corp. (IVT) Q4 2023 Earnings Call Transcript:

以下是InvenTrust Properties Corp.(IVT)2023年第四季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • InvenTrust ended 2023 with Q4 NAREIT FFO of $30.8M or $0.45 per share, with full-year FFO at $115.5M or $1.70 per share, driven largely by NOI growth and acquisition.

  • The company reported same-property NOI growth of 6.4% QoQ, with full-year same-property NOI growth at 4.9%.

  • In Q4 2023, the company declared a dividend of $0.215 per share. From April 2024, the dividend will increase by 5% to an annualized rate of $0.905 per share.

  • The business decreased variable rate debt exposure to 9% by paying off $20M of debt and raised $5.4M through share issues.

  • InvenTrust posted blended comparable lease spreads of 13.9% for the quarter, with new leases and renewals achieving 34% and 8% respectively.

  • 截至2023年,InvenTrust的第四季度NAREIT FFO爲3,080萬美元或每股0.45美元,全年FFO爲1.155億美元,合每股1.70美元,這主要是由NOI的增長和收購推動的。

  • 該公司報告稱,同地產淨資產淨值環比增長6.4%,全年同期NOI增長4.9%。

  • 2023年第四季度,該公司宣佈派發每股0.215美元的股息。從2024年4月起,股息將增加5%,年化利率爲每股0.905美元。

  • 該業務通過償還2000萬美元的債務將浮動利率債務敞口減少至9%,並通過股票發行籌集了540萬美元。

  • InvenTrust公佈的本季度混合可比租賃利差爲13.9%,新租約和續約分別達到34%和8%。

Business Progress:

業務進展:

  • Leasing activity remained strong in 2023, with the most deals executed in Q4 since 2019.

  • Occupancy rates reached all-time highs of over 96%, due in part to strong performance by small shop tenants, whose occupancy rates peaked at 92.5%.

  • The company's predictions for 2024 suggest ongoing business trends will offset possible impacts from retail bankruptcies.

  • Expansion into Phoenix MSA began with the acquisition of a grocery-anchored center in Chandler, Arizona.

  • In Q4 2023, 86 leases were signed, including two with PGA Superstore and Nordstrom Rack. In the forthcoming year, the company plans to lease the remaining anchor spaces in their portfolio.

  • 租賃活動在2023年保持強勁,自2019年以來第四季度執行的交易最多。

  • 入住率達到歷史新高,超過96%,部分原因是小商店租戶的強勁表現,其入住率達到92.5%的峯值。

  • 該公司對2024年的預測表明,持續的業務趨勢將抵消零售破產可能產生的影響。

  • 向菲尼克斯MSA的擴張始於收購位於亞利桑那州錢德勒的雜貨中心。

  • 2023年第四季度簽署了86份租約,其中包括與PGA Superstore和Nordstrom Rack簽訂的兩份租約。來年,該公司計劃租賃其投資組合中剩餘的錨定空間。

更多詳情: InvenTrust 地產

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論