Urban Edge Properties Issues 2026 FFO Guidance and Announces Florida Expansion Strategy
Urban Edge Properties (UE) reported a strong third quarter, with adjusted Funds From Operations (FFO) reaching $0.38 per share, representing a 6% increase compared to the same period last year. Building on this momentum, management has provided adjusted guidance for 2026 FFO in the range of $1.52 to $1.54 per share. The company is also executing a strategic geographic expansion into the Florida market. Urban Edge aims to target an unlevered Internal Rate of Return (IRR) of between 8% and 9% for these new ventures, signaling a shift in its portfolio composition toward high-growth regions.
Tickers: $UE