Financial PerformanceSofter than expected results and lowered outlook put pressure on the shares.
Inventory LevelsRecent data points on inventory demand suggest tenants continue to maintain low levels, with tariffs creating added uncertainty.
Market DemandDemand improvement is key to turning positive, but the acquisition pipeline and potential tariff impact present significant challenges.
Revenue And OccupancyLINE occupancy and pricing decelerated more than expected, leading to -7.9% YoY SS-NOI in 1Q25.