URBAN EDGE PROPERTIES invests in 76 retail real estate properties

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Urban Edge Properties ($NYSE:UE) is a real estate investment trust that focuses on owning, operating, and redeveloping retail real estate properties in the United States. The company’s portfolio consists of approximately 76 retail real estate properties, primarily located along the Washington, D.C. to Boston corridor, with a greater concentration in the New York metropolitan area. Urban Edge Properties’ strategy is to create long-term value by redeveloping its properties and improving their operations. The company’s goal is to create places that people want to visit, which in turn will drive traffic and create value for tenants and shareholders.

The company’s portfolio is diversified across various property types, including neighborhood and community centers, power centers, lifestyle centers, and enclosed malls. Urban Edge Properties is committed to creating value for all of its stakeholders through active management of its properties.

Price History

The properties are located in key markets across the United States, including New York, Los Angeles, San Francisco, and Boston. The acquisitions come as Urban Edge Properties continues to execute on its strategic plan to focus on high-quality retail assets in urban markets. The company believes that these acquisitions will generate strong returns for shareholders and provide long-term growth potential. So far, news sentiment around the acquisitions has been mostly positive, with analysts lauding the company’s focus on high-quality assets.

However, shares of Urban Edge Properties were down 1.2% on Wednesday, as investors appeared to be taking a wait-and-see approach.

VI Analysis

The company’s portfolio consists of office, retail, residential and industrial properties. Urban Edge Properties is classified as a “cow” by the VI Star Chart, which means it is a company with a track record of paying out consistent and sustainable dividends. Investors interested in this type of company may be attracted to its strong fundamentals, including its asset base, dividend yield and growth potential. The company also has a healthy balance sheet, with plenty of cash to cover its debt obligations and fund future growth.

VI Peers

Urban Edge Properties is a publicly traded real estate investment trust that owns, operates, and develops retail real estate in the United States. The company’s portfolio of properties is located primarily in New York City, Boston, and Washington, D.C.

Urban Edge Properties’ competitors include Saul Centers Inc, Lippo Malls Indonesia Retail Trust, and One Liberty Properties Inc.

– Saul Centers Inc ($NYSE:BFS)

Saul Centers Inc is a real estate investment trust that owns, operates, and redevelops community shopping centers in the United States. The company’s market cap is $891.71 million as of 2022. Saul Centers was founded in 1968 and is headquartered in Bethesda, Maryland. The company’s portfolio includes 69 shopping centers and 27 office buildings.

– Lippo Malls Indonesia Retail Trust ($SGX:D5IU)

Lippo Malls Indonesia Retail Trust (LMIRT) is a real estate investment trust that focuses on investing in retail properties in Indonesia. LMIRT’s portfolio comprises of 19 shopping malls and 3 office buildings with a total net lettable area of approximately 1.4 million square meters. The trust is managed by Lippo Malls Indonesia Management Limited, a wholly-owned subsidiary of PT Lippo Malls Indonesia.

As of December 31, 2020, LMIRT had a total market capitalization of approximately S$230.9 million. The trust’s portfolio is diversified across various Indonesian cities, including Jakarta, Surabaya, and Bali. LMIRT’s properties are well-positioned in prime locations with strong catchment areas. The trust’s strategy is to generate stable and sustainable distributions to unitholders by focusing on operational excellence and active asset management.

– One Liberty Properties Inc ($NYSE:OLP)

One Liberty Properties, Inc. is a publicly traded real estate investment trust that owns, manages, acquires, finances and redevelops a geographically diversified portfolio of industrial, retail, restaurant, office, theater and other properties.

Summary

Investing in URBAN EDGE PROPERTIES can be a great way to get involved in the retail real estate market. The company has a strong portfolio of properties and has been expanding its holdings in recent years. News sentiment towards the company has been mostly positive, so investors may want to consider this as a potential option.