Acadia Realty Trust launches 5M share forward sale offering, expects ~$114M net proceeds

ACADIA REALTY TRUST

Initial forward price $22.89/share; net proceeds ~$114M (or ~$131.2M if option exercised).
Proceeds to fund general corporate purposes including investments, working capital, debt repayment.
Forward sale agreements must be physically settled by Sept 30, 2025; company expects full cash settlement.
Underwriters: Wells Fargo, Goldman Sachs & Co., Jefferies; closing occurred Oct 2, 2024.

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