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8-K: WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES THE RELEASE OF ITS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS

8-K: WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES THE RELEASE OF ITS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS

8-K:惠勒房地产投资信托有限公司宣布发布其2024年第二季度财务和经营业绩
美股SEC公告 ·  2024/08/06 16:42

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Wheeler Real Estate Investment Trust reported Q2 2024 revenue of $26.3M, up 5.9% YoY, driven by increased tenant reimbursements and base rent. Operating expenses decreased 4.2% to $17.7M. The company's portfolio maintained a 90.8% occupancy rate with 93.8% leased rate.The company executed strategic transactions including the sale of Oakland Commons for $6.0M generating a $3.4M gain, and entered into a $25.5M term loan agreement at 6.80% fixed rate for five properties. Same-Property NOI increased 9.3% to $16.2M, while FFO was negative $3.6M or $(6.27) per share.Leasing activity remained strong with 40 lease renewals totaling 188,152 square feet at a 10.8% rate increase and 9 new leases totaling 85,487 square feet. The company's total debt stood at $499.2M with a weighted average interest rate of 5.53% and 8.1-year term.
Wheeler Real Estate Investment Trust reported Q2 2024 revenue of $26.3M, up 5.9% YoY, driven by increased tenant reimbursements and base rent. Operating expenses decreased 4.2% to $17.7M. The company's portfolio maintained a 90.8% occupancy rate with 93.8% leased rate.The company executed strategic transactions including the sale of Oakland Commons for $6.0M generating a $3.4M gain, and entered into a $25.5M term loan agreement at 6.80% fixed rate for five properties. Same-Property NOI increased 9.3% to $16.2M, while FFO was negative $3.6M or $(6.27) per share.Leasing activity remained strong with 40 lease renewals totaling 188,152 square feet at a 10.8% rate increase and 9 new leases totaling 85,487 square feet. The company's total debt stood at $499.2M with a weighted average interest rate of 5.53% and 8.1-year term.
惠勒房地产投资信托报告2024年第二季度营业收入为2630万美元,同比增长5.9%,主要得益于租户报销和基础租金的增加。营业费用下降4.2%至1770万美元。该公司的投资组合保持90.8%的出租率和93.8%的租赁率。公司完成了战略交易,包括以600万美元出售奥克兰公园,产生340万美元的收益,并签订了2550万美元的固定利率6.80%的定期贷款协议,用于五处物业。同一物业净营业收入增加9.3%至1620万美元,而FFO为负360万美元或每股$(6.27)。租赁活动依然强劲,共有40项租约续签,总面积188,152平方英尺,租金增长10.8%,以及9项新租约,总面积85,487平方英尺。公司的总债务为49920万美元,加权平均利率为5.53%,期限为8.1年。
惠勒房地产投资信托报告2024年第二季度营业收入为2630万美元,同比增长5.9%,主要得益于租户报销和基础租金的增加。营业费用下降4.2%至1770万美元。该公司的投资组合保持90.8%的出租率和93.8%的租赁率。公司完成了战略交易,包括以600万美元出售奥克兰公园,产生340万美元的收益,并签订了2550万美元的固定利率6.80%的定期贷款协议,用于五处物业。同一物业净营业收入增加9.3%至1620万美元,而FFO为负360万美元或每股$(6.27)。租赁活动依然强劲,共有40项租约续签,总面积188,152平方英尺,租金增长10.8%,以及9项新租约,总面积85,487平方英尺。公司的总债务为49920万美元,加权平均利率为5.53%,期限为8.1年。
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