Acadia Realty Trust

Latest Results (07.10.2025):

Acadia Realty Trust reported strong financial results for the fourth quarter of 2024, showcasing growth in net earnings, funds from operations, and core same-property NOI. The company also executed significant acquisitions and announced an increase in its quarterly dividend, positioning itself for continued growth in 2025.

Net Earnings and Funds from Operations

For the fourth quarter of 2024, Acadia Realty Trust reported GAAP net earnings of $0.07 per share and Funds From Operations (FFO) Before Special Items of $0.32 per share, reflecting a positive financial performance compared to the previous year.

Core Same-Property NOI Growth

Acadia achieved a 5.7% growth in core same-property Net Operating Income (NOI) for Q4 2024, driven by the strong performance of its street retail portfolio.

Acquisition Activity

During the fourth quarter of 2024 and to date in 2025, Acadia completed approximately $611 million in accretive Core and Investment Management acquisitions, including strategic additions in key markets such as New York City, Washington D.C., and Las Vegas. These acquisitions enhance Acadia's position in major retail corridors and expand its high-quality real estate portfolio.

Dividend Increase

Acadia Realty Trust increased its quarterly dividend by 5.3% for the first quarter of 2025, demonstrating confidence in its sustained earnings and cash flow generation.

2025 Outlook

Acadia projects FFO Before Special Items of $1.35 per share at the midpoint for 2025, representing a 5.5% growth. Additionally, the company forecasts same-property NOI growth of 5-6% for the year, underlining its optimistic outlook for continued operational strength and expansion.