Development OpportunitiesCDP has announced the acquisition of a large land parcel for data center development, indicating growth potential in this sector.
Financial Performance4Q cash SSNOI growth of 10.0% contributed to FY growth of 9.1%, setting a company record.
Leasing PerformanceCDP completed 675k SF of new and renewal leasing in its operating portfolio during the quarter, bringing the FY leasing total to over 3.1M SF, which is 47.1% higher than 2023 and 17.1% higher than pre-pandemic levels.