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Retail Opportunity Investments Corp. Reports 2022 Third Quarter Results forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
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Retail Opportunity Investments Corp. Reports 2022 Second Quarter Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Retail Opportunity Investments Corp. Reports 2020 Results
SAN DIEGO, Feb. 23, 2021 (GLOBE NEWSWIRE) Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2020.
YEAR 2020 HIGHLIGHTS
$132.5 million in Funds From Operations (FFO)
(1) ($1.05 per diluted share)
90.6% of total billed base rent during pandemic has been paid to date (2Q‘20 – 4Q‘20)
96.8% portfolio lease rate at year-end (8th consecutive year above 96%)
1.2mm sq. ft. of leases executed (10th consecutive year of leasing ~ 2x original expirations)
12.5% increase in same-space cash rents on new leases (7.9% increase on renewals)
4.6% decrease in same-center cash net operating income (2020 vs. 2019)
96.5% of total debt effectively fixed-rate at year-end (no debt maturing in 2021)