REIT industry
Coverage of REIT industry in the Nexus archive.
- JBG Smith Properties: Q2 Earnings Snapshot
JBG Smith Properties reported its second-quarter earnings, noting funds from operations of $10.4 million, or 18 cents per share. However, the company also posted a loss of $59.2 million, or $1.03 per share. For the period, JBG Smith Properties generated total revenue of $129.4 million and adjusted revenue of $106.6 million.
- Alexandria Real Estate Equities: Q2 Earnings Snapshot
Alexandria Real Estate Equities Inc. reported second-quarter funds from operations of $1.73 per share, exceeding analysts' estimates of $1.65. The company also posted revenue of $662.8 million, surpassing forecasts, and expects full-year funds from operations in the range of $6.35 to $6.45 per share. Its shares have risen 8.5% year-to-date but declined 30% over the past 12 months.