Agree Realty Corporation Reports Fourth Quarter And Record Full Year 2020 Results
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BLOOMFIELD HILLS, Mich., Feb. 18, 2021 /PRNewswire/ Agree Realty Corporation (NYSE: ADC) (the Company ) today announced results for the quarter and full year ended December 31, 2020. All per share amounts included herein are on a diluted per common share basis unless otherwise stated.
Fourth Quarter 2020 Financial and Operating Highlights:
Invested $363.3 million in 106 retail net lease properties
19.4% of annualized base rents acquired were derived from ground leased assets
Commenced two new development and Partner Capital Solutions ( PCS ) projects
Net Income per share attributable to the Company decreased 19.6% to $0.42
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(MENAFN - PR Newswire) OAK BROOK, Ill., Feb. 16, 2021 /PRNewswire/ Retail Properties of America, Inc. (NYSE: RPAI ) (the Company ) today reported financial and operating results for the quarter and year ended December 31, 2020. FINANCIAL RESULTS For the quarter ended December 31, 2020, the Company reported: Net income attributable to common shareholders of $1.8 million, or $0.01 per diluted share, compared to $16.2 million, or $0.08 per diluted share, for the same period in 2019; Funds from operations (FFO) attributable to common shareholders of $40.5 million, or $0.19 per diluted share, compared to $57.9 million, or $0.27 per diluted share, for the same period in 2019; Operating funds from operations (Operating FFO) attributable to common shareholders of $41.7 million, or $0.20 per diluted share, compared to $58.5 million, or $0.27 per diluted share, for the same period in 2019;