Financial PerformanceThe company reported FFO numbers of $0.84, which was one penny higher than consensus, representing a 3.7% increase year-over-year.
Growth PotentialThe company is well positioned to pursue steady external growth with free cash flow, dispositions, cash, and balance sheet capacity providing visibility to acquire.
Operational EfficiencyThe company reported occupancy levels at 99.3%, in line with the previous quarter, with a weighted average remaining lease term of 10.0 years.