Urban Edge 2Q26 net income drops to 17,922; revenue rises 7.65% to 122.78 million

Reuters2026/08/06 20:42

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Urban Edge Properties posts 2Q 2026 net income attributable to common shareholders of USD 17.92 million, down 69.09% year over year.
FFO as Adjusted rises 10.62% to USD 52.27 million, or USD 0.40 per diluted share.
Leased occupancy edges up 0.1 percentage point to 96.6% versus June 30, 2025; same-property NOI growth runs at 3.2%.
Acquires The Shops at West Falls Church for USD 40.4 million; buys a Shoppers World ground lease for USD 10.7 million.
Raises 2026 FFO as Adjusted guidance to USD 1.50-1.54 per diluted share; declares a quarterly dividend of USD 0.21.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban Edge Properties published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806377996) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Urban Edge 2Q26 net income drops to 17,922; revenue rises 7.65% to 122.78 million

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