WX1

Acadia Realty Trust WX1

Market Open
17 May, 06:05
XFRA XFRA
15. 70
-0.1
-0.63%
1.88B Market Cap
70.17 P/E Ratio
0.72% Div Yield
0 Volume
0.22 Eps
15.80
Previous Close
Day Range
15.7 15.7
Year Range
11.5 16.4

WX1 Chart

Acadia Realty Trust Profile

REIT - Retail Industry
Real Estate Sector
Mr. Kenneth F. Bernstein CEO
XFRA Exchange
US0042391096 ISIN
US Country
117 Employees
15 Jul 2024 Last Dividend
9 Dec 2014 Last Split
26 May 1993 IPO Date

Overview

Acadia Realty Trust operates as an equity real estate investment trust (REIT) with a strategic focus on long-term, profitable growth. This objective is pursued through its dual-operating platforms: the Core Portfolio and Fund operations. Acadia Realty Trust is dedicated to creating a premier core real estate portfolio by targeting assets in highly dynamic corridors across the nation. By virtue of a disciplined, location-driven investment strategy, the company seeks to achieve sustainable growth. Furthermore, Acadia is committed to maintaining a robust balance sheet, which underpins its investment activities and growth strategies.

Products and Services

  • Core Portfolio:
  • This segment of Acadia Realty Trust involves the direct acquisition and management of high-quality real estate properties. These assets are primarily located in vibrant, high-growth markets across the United States. The Core Portfolio aims to generate stable, long-term income through strategic leasing and property management, thereby delivering consistent returns to investors.

  • Funds:
  • Acadia's Fund operations involve the creation and management of a series of discretionary, institutional real estate funds. These funds focus on opportunistic and value-add investments, allowing Acadia to leverage market dislocations and property mispricings. Through active management and strategic capital improvements, the Fund seeks to enhance property values and realize significant returns upon exit.

Contact Information

Address: 411 Theodore Fremd Avenue, Rye, NY, United States, 10580-1412
Phone: 914 288 8100