---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-23-000006"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T13:51:45.149824+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 FFO as Adjusted up 22% YoY; provides 2023 guidance

## Summary
- Q4 FFO as Adjusted $0.33 per share ($40.6M), up 22% vs Q4 2021; full year $1.21, up 11%.
- Same-property NOI (incl. redevelopment) grew 6.2% in Q4; same-property leased occupancy 95.4%, up 200 bps from Q3.
- Executed 788k sf of leases in Q4; same-space cash rent spread 30.6%, driven by Target, T.J. Maxx, and industrial.
- Total liquidity $929M; redevelopment pipeline $216M with expected 12% unleveraged yield.
- 2023 guidance: FFO as Adjusted $1.11–$1.17 per diluted share; net income $0.27–$0.33.

## SEC filing metadata
- accession: 0001611547-23-000006
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2023-02-14T23:59:59+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/1611547/000161154723000006/0001611547-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154723000006/ue-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-23-000006
- JSON: https://secwatch.observer/filing/0001611547-23-000006.json
- Plain text: https://secwatch.observer/filing/0001611547-23-000006.txt

## Key facts
- Earnings Releases
  Urban Edge Properties reported the quarter and year ended December 31, 2022 results: net income $13.7 million, or $0.12 per diluted share, for the quarter...and $46.2 million, or $0.39 per diluted share for the year. Guidance initiated.
  - Period: the quarter and year ended December 31, 2022
  - Net income: $13.7 million, or $0.12 per diluted share, for the quarter...and $46.2 million, or $0.39 per diluted share for the year
  - Guidance: initiated
  - Result: reported results
  source text: On February 14, 2023, the Company announced its financial results for the three and twelve months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611547/000161154723000006/0001611547-23-000006-index.htm

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