secwatch.observer — SEC 8-K summary
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Issuer:     Urban Edge Properties (UE)
CIK:        0001611547
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001611547-25-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban Edge Properties reports FY2024 FFO as Adjusted $1.35, up 8% YoY; raises dividend 12%
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- FFO as Adjusted per share $1.35 for FY2024, up 8% from $1.25 in FY2023.
- Board raised quarterly dividend 12% to $0.19 per share ($0.76 annualized), payable Mar 31, 2025.
- Consolidated portfolio leased occupancy 96.8%, up 90 bps YoY; retail shop occupancy 90.9%, up 320 bps.
- Acquired $243M of assets at 7.2% cap, sold $109M at 5.2% cap; key acquisition: Village at Waugh Chapel for $126M.
- FY2025 guidance: FFO as Adjusted $1.37-$1.42; net income $0.32-$0.37 per diluted share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611547/000161154725000017/0001611547-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611547/000161154725000017/ue-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001611547-25-000017

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