Sentences with phrase «noi growth»

«If we were setting the betting line on asset value appreciation over the next couple of years, we would probably put it at zero, with NOI growth roughly offsetting a little bit of a backup in cap rates,» says McCulloch.
However, Kimco posted same - store NOI growth of 4 percent, down slightly from the 4.6 percent the company averaged during the past eight quarters.
Current operating performance for the REIT industry is right in its «sweet spot»: over the last four quarters, same - property NOI growth averaged 3.2 percent, consistent with the industry's long - term norm.
Conditions in property markets are solid, however, with low vacancy rates, a rough balance between new supply and the demand for commercial space, continued rent growth and some acceleration in NOI growth.
Viewing the performance of 2015 maturities, solid aggregate NOI growth, and record CRE price levels in a vacuum would lead to a very positive outlook for 2016 and 2017 maturities.
Same - property NOI growth greater than about 4 percent can be «too much of a good thing,» stimulating so much new construction that it results in oversupply that reduces occupancy rates and rents, eventually suppressing same - property NOI growth to its «soft» range of 2.5 percent or less.
Investors should never lose sight of the fact that real estate is an actively managed asset: a high - quality, well - managed property — which describes most properties owned by REITs, certainly including retail properties — is more likely to maintain strong occupancy and favorable NOI growth than a property whose owners are merely waiting out the life of their private equity fund before selling.
I believe we are still in the early innings of long - term office NOI growth.
According to Deutsche Bank Securities analyst Louis Taylor, Weingarten's same - store NOI growth rose 40 basis points from 1.6 % last year to 2 % for first quarter 2002.
It also posted same - store NOI growth of 6.4 percent.
The Indianapolis - based firm reported FFO of $ 1.31 per share, a 3.9 percent increase and same - store NOI growth of 1.6 percent.
In their view, Cedar Shopping Centers remains fundamentally sound, with core occupancy of 93 percent and a projected same - store NOI growth of 1.5 percent.
Leading markets boast strong job and population growth and healthy NOI growth.
For example, S&P affirmed Ventas» BBB + corporate and senior unsecured note ratings recently, and the stable outlook is based on expectations that the company's «large and diverse portfolio of good quality health care facilities» will drive «modest yet predictable same - store NOI growth in the next one to two years».
Trepp identified eight factors to rank these secondary marketings including absolute employment growth, percentage change in employment, unemployment rate, population growth 2015, absolute dollar amount of CMBS originations (first half of 2016), change in CMBS origination from the same period last year, NOI growth 2015, and weighted average DSCR.
Additionally, a stronger economy could also act as an offset to falling valuations if a stronger economy results in stronger NOI growth.
The Indianapolis - based firm reported FFO of $ 1.31 per share, a 3.9 percent increase; and same store NOI growth of 1.6 percent.
The most successful firms — those with portfolios in high - barrier - to - entry markets with strong fundamentals — saw healthy FFO and NOI growth.
Year - to - date General Growth's same store NOI growth of 3.6 percent is below guidance of 5 percent and potential store closings could bring its share price below the current level.
Institutional investors looking to outperform industry benchmarks are bracing for bigger challenges ahead due to rising interest rates, fewer transactions and a lower trajectory for appreciation and NOI growth.
Glimcher Realty, with a 25 - million - square - foot portfolio, reported an FFO of $ 0.40 per share, a 40 percent decline; and same store NOI growth of 1.8 percent.
Looking ahead, Brixmor issued guidance that expects FFO to reach a range of $ 2.05 to $ 2.12 per dilute share in 2017, and same - property NOI growth to reach 2.0 percent to 3.0 percent.
For all of 2017, Regency Centers now expects same - property NOI growth to range between 3.2 percent and 4.0 percent, up from 3.0 percent to 3.8 percent.
Following multiple hurricanes, Public Storage's (PSA) Florida properties achieved NOI growth of 20.0 percent during 2005, significantly higher than the 7.0 percent overall same - store average, according Green Street Advisors, a Newport Beach, Calif. - based research firm.
«We remain confident in the inherent growth of General Growth Properties» in - place portfolio and feel [the company] can obtain its goal of 5 percent same store NOI growth for the years 2007 - 2009,» writes A.G. Edwards & Sons, Inc. analyst Mark Hoffmeister.
However, Litt lowered his estimates for CBL & Associates Properties Inc., from $ 4.46 per share to $ 3.39 per share, citing same store NOI growth of 1.8 percent compared to the company's goal of 2.5 percent.
Acadia, which has a portfolio of 74 properties totaling 10 million square feet, reported FFO per share of $ 0.39, a 30 percent increase from the third quarter in 2006, and same store NOI growth of 2.2 percent.
Third - quarter NOI growth slowed after nine straight quarters of year - over-year improvements.
However, during the quarter, the REIT posted same store NOI growth of 4.1 percent.
The Houston, Texas - based firm, which operates 336 community and neighborhood shopping centers, as well as 78 industrial properties, posted FFO per share of $ 0.79, a 10 percent increase over the third quarter in 2006, and same - store NOI growth of 2 percent for its retail assets.
The firm predicts NOI growth in the sector of 4.3 percent from 2016 through 2020.
The majority posted positive FFO and NOI growth, outperforming NAREIT's estimates for the sector, which forecast FFO growth of 6.91 percent from February 2007 to February 2008.
«While the 3.6 % same - center NOI growth seen in the second quarter is a good result in this environment, we do not believe it is sustainable as we believe tenant reimbursements should return to more typical run rates in the second half of the year.
Meanwhile, Irvine, Calif. - based seniors housing REIT HCP Inc. is projecting 0.5 percent to 1.5 percent same - property NOI growth in its triple net portfolio this year and negative 4.0 percent to 0 percent same - property NOI growth in its operating portfolio.
«Demand has allowed us to push rents,» he notes, adding that the company posted 7.1 percent NOI growth in 2013.
In many cases, the double whammy of the supply challenge, which some say is easing, and the flu outbreak is prompting seniors housing REITs to forecast weak or even negative NOI growth in 2018 for their senior housing assets.
Yet multifamily REITs were still able to generate same - community NOI growth because of the 4.5 % unemployment rate, he adds.
Local area demographics and the supply / demand balance between potential new residents and existing and new competitors also affect the ability of an operator to move rents and affect NOI growth.
National and local economic conditions also affect demand drivers and cost variables, which in turn influence rent growth potential and NOI growth assumptions in the pro forma.
It reported NOI growth of 4.5 percent for the eight quarters since 2005.
Federal also maintained healthy operating metrics, with same - store NOI growth of 4.2 percent for the quarter and 3.5 percent for the year and a 20 basis point increase in portfolio occupancy, to 96.7 percent.
Those lost leases are contributing to a drop in NOI growth in the portfolio.
Same - store NOI growth for stabilized properties went down 5.6 percent.
All of these factors, as well as the geographic location of a property and the availability of labor and its costs, affect margins, NOI growth potential and the enterprise value.
For Taubman Centers, same - property NOI growth was up only 0.25 percent and management reported an «unexpected» occupancy decline to 87.1 percent.
At The Macerich Co. in Santa Monica, Calif., same - store NOI growth increased 1 percent for the quarter and 2.75 percent year - to - date.
Unlocking the value of our portfolio through strategic management, NOI growth, asset repositioning and disciplined capital allocation.
Sets quarterly dividend of $ 1.75 per share.Simon Property Group Inc says comparable property noi growth for three months ended march 31, 2017 was 3.8 %.
Excluding noncash cap rental adjustments and lease termination fees, FFO per share growth was 3 % during 2017, reflecting strong same property NOI growth offset by net disposition activity.

Not exact matches

In today's UK market, the cap rate distribution curve has flattened out, consumer and wage inflation is out of synch, and investors are not getting paid enough to take core risk as there is little prospect for net operating income (NOI) growth in the current lease regime.
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