Financial PerformanceThe company reported core FFO numbers of $2.20, which was four cents higher than consensus and seven cents higher than analyst numbers, as well as above the company's expectations.
Lease RatesBlended rates improved to -0.5% from -2.0% in the previous quarter, with new leases and renewals contributing positively.
OccupancyOccupancy increased by 30 basis points year over year to 95.6%, remaining stable quarter over quarter.