---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-22-000011"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:31:44.925272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Urban Edge Properties Q4 net income $42.5M ($0.36/sh); dividend raised 6.7%, Woodmore Towne Centre acquired for $193.4M

## Summary
- Net income $42.5M ($0.36/sh) vs $19.0M ($0.16/sh) in Q4 2020; FFO as adjusted $0.27/sh vs $0.23/sh.
- Same-property NOI (ex redevelopment) up 17.5% Q4; portfolio leased occupancy 94.1% (+250bps YoY).
- Acquired Woodmore Towne Centre for $193.4M (initial yield 6.4%); funded with 10-year $117.2M mortgage at 3.39%.
- Board raised quarterly dividend to $0.16/sh ($0.64 annual), +6.7% over prior annual rate of $0.60.
- Executed 815k sf of leases; same-space rent spreads +20.1% GAAP; 99% of Q4 base rents collected.

## SEC filing metadata
- accession: 0001611547-22-000011
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611547/000161154722000011/0001611547-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154722000011/ue-20220216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-22-000011
- JSON: https://secwatch.observer/filing/0001611547-22-000011.json
- Plain text: https://secwatch.observer/filing/0001611547-22-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.