Urban Edge Properties ( (UE) ) has issued an update.
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Urban Edge Properties has reported strong third quarter results for 2024, including significant strategic acquisitions and sales, enhancing their retail portfolio. The company acquired The Village at Waugh Chapel for $126 million, while also selling a Home Depot property for $71 million, reflecting strategic reshuffling of assets. The firm increased its full-year FFO guidance, citing growth from new leases and acquisitions. These actions align with Urban Edge’s ongoing strategic plan to optimize their operational and financial performance in core markets.
See more data about UE stock on TipRanks’ Stock Analysis page.
