Urban Edge Properties (UE) reported that its fourth quarter funds from operations increased to $45.68 million from $38.83 million, prior year. FFO per share was $0.37 compared to $0.32. FFO as adjusted declined to $37.92 million from $40.58 million. FFO as adjusted per share was $0.31 compared to $0.33.
Net income attributable to common shareholders increased to $221.23 million from $13.67 million, last year. Net income per share was $1.88 compared to $0.12. Total revenue increased to $116.58 million from $101.59 million, last year.
For full-year 2024, the company expects: net income of $0.12 to $0.17 per share, FFO of $1.20 to $1.25 per share, and FFO as adjusted of $1.24 to $1.29 per share.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.