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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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Acadia Realty Trust owns prime retail properties in high-barrier markets like Manhattan's SoHo and West Village. These are driving strong leasing spreads and healthy FFO growth. First quarter revenue and FFO showed double-digit growth, with FFO guidance for 2025 up 10.7% at the midpoint versus 2024. Dividend yield is 4.15% with a history of growth, with the REIT covering this by 155% to set up another hike.