Agree Realty discloses Q4'21 property acquisitions, sales | ADC Message Board Posts


Agree Realty Corp

  ADC website

ADC   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message    Post Message    Post a Reply return to message boardtop of board
Msg  30 of 30  at  2/25/2022 11:51:20 AM  by

jerrykrause


Agree Realty discloses Q4'21 property acquisitions, sales

from SNL Real Estate Daily
 
 

Agree Realty discloses Q4'21 property acquisitions, sales

 
 
Byline: Maera Tezuka
 

Agree Realty Corp. reached approximately $314.7 million in total acquisition volume for the 2021 fourth quarter and sold five properties for gross proceeds of about $9.6 million during the period.

In reporting its latest results, the single-tenant retail real estate investment trust said the acquisitions included 71 properties across 29 U.S. states that are net leased to retailers operating in the general merchandise, home improvement, grocery, off-price retail, convenience stores, tire and auto service and auto parts sectors.

During the same period, the REIT entered into forward sale agreements under its at-the-market equity offering program to sell 207,166 common shares for approximately $14.2 million in expected net proceeds.

It settled 1,501,210 shares under forward sale agreements signed through the offering program for net proceeds of roughly $94.2 million.

 


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 0  
   Views: 0 []
Previous Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...