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 StrategyThe company is well positioned to pursue steady external growth with FCF, dispositions, cash and balance sheet capacity providing visibility to acquire.
Mergers And AcquisitionsManagement indicated deal volume improved with deal size increasing as a result of private equity becoming a little more active on M&A.