---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-22-000023"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2022-03-25T23:59:59+00:00"
generated_at: "2026-06-26T17:23:48.395862+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UE annual letter details 6-7% FFO growth plan; 2021 FFO adj. $1.09 (+24% YoY)

## Summary
- 2021 FFO as Adjusted grew 24% to $1.09 per share; same-property NOI +14%; occupancy 94.1% (+250 bps).
- Strategic plan targets 6-7% annual FFO growth through 2025, adding $6/share NAV via anchor redevelopments, occupancy to 96%+, land monetization, and $50M debt refinancing.
- Active redevelopment pipeline of $220M with $100M more expected; projects yield ~10% unleveraged.
- Acquired Woodmore Towne Centre (Costco/Wegmans) for $193M in Dec 2021; initial leveraged yield ~11% with 3.4% interest-only debt.
- Board refreshment: Susan Givens and Norman Jenkins joined; Amy Lane and Michael Gould retiring at upcoming annual meeting.

## SEC filing metadata
- accession: 0001611547-22-000023
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2022-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611547/000161154722000023/0001611547-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154722000023/ue-20220325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-22-000023
- JSON: https://secwatch.observer/filing/0001611547-22-000023.json
- Plain text: https://secwatch.observer/filing/0001611547-22-000023.txt

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