US EditionVeris Residential, Inc. Reports First Quarter 2025 Results - Veris Residential (NYSE:VRE)
- Veris Residential, Inc. Reported a net income loss per diluted share of $0.12 for the first quarter of 2025, compared to a loss of $0.04 in 2024.
- The company achieved a Same Store NOI growth of 3.2% and an occupancy rate of 94.0% as of March 31, 2025.
- Mahbod Nia, Chief Executive Officer, stated that the company continues to unlock value despite market volatility with $79 million in asset sales planned.
- The company sold $45 million in non-strategic assets year to date and has an additional $34 million under contract.
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Veris Residential, Inc. Reports First Quarter 2025 Results
JERSEY CITY, N.J., April 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the first quarter 2025.
Veris Residential, Inc. Reports First Quarter 2025 Results - Veris Residential (NYSE:VRE)
JERSEY CITY, N.J., April 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the first quarter 2025. Three Months Ended March 31, 2025 2024 Net Income (loss) per Diluted Share $(0.12) $(0.04) Core FFO per Diluted Share $0.16 $0.14 Core AFFO per Diluted Share $0.17 $0.18 Dividend per Diluted Share $0.08 $0.0525 FIRST…
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