Urban Edge Properties ( (UE) ) has issued an update.
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Urban Edge Properties has reported strong third quarter results for 2024, including significant strategic acquisitions and sales, enhancing their retail portfolio. The company acquired The Village at Waugh Chapel for $126 million, while also selling a Home Depot property for $71 million, reflecting strategic reshuffling of assets. The firm increased its full-year FFO guidance, citing growth from new leases and acquisitions. These actions align with Urban Edge’s ongoing strategic plan to optimize their operational and financial performance in core markets.
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