UE Urban Edge Properties

Urban Edge Properties Announces Sale of 6,250,000 Common Shares for $155 Million in Net Proceeds

NEW YORK--(BUSINESS WIRE)--

Urban Edge Properties (NYSE:UE) has entered into a definitive agreement to sell 6,250,000 common shares to Cohen & Steers Capital Management, Inc. at a net price of $24.80 per share. The issuance will be a direct sale with no underwriter or placement agent such that net proceeds to the Company will be $155 million. Settlement is expected to occur on or about August 9, 2017.

The Company intends to use the proceeds of this offering to fund development and redevelopment projects, future acquisitions, as well as for general corporate purposes.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 90 properties totaling 16.6 million square feet of gross leasable area.

EN
04/08/2017

Underlying

UEUrban Edge Properties

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Urban Edge Properties

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke
EUR 45.53
KRG Kite Realty Gro...
UE Urban Edge Prop... ... (+19)

Vermilion Compass: Weekly Equity Strategy

Downgrading Outlook to Neutral; Upgrading Real Estate and Consumer Staples We are downgrading our long-term outlook to neutral (had been bullish since early-November 2023) due to rapidly deteriorating market dynamics; we still believe the S&P 500 is going through a 1- to 4-month consolidation phase, but odds have increased that this consolidation phase could be a topping pattern. The S&P 500 is initially holding at our expected pullback zone of 5100-5191 that we discussed last week (7/30/24 Com...

KRG KITE REALTY GROUP TRUST
UE URBAN EDGE PROPERTIES
SPG SIMON PROPERTY GROUP INC.
ROIC RETAIL OPPORTUNITY INVESTMENTS CORP.
REG REGENCY CENTERS CORPORATION
O REALTY INCOME CORPORATION
NNN NATIONAL RETAIL PROPERTIES INC.
MO ALTRIA GROUP INC
KIM KIMCO REALTY CORPORATION
GTY GETTY REALTY CORP.
BRX BRIXMOR PROPERTY GROUP INC.
FCPT FOUR CORNERS PROPERTY TRUST INC.
BMTA BRITISH AMERICAN TOBACCO PLC ADS
COKE COCA-COLA CONSOLIDATED INC.
PM PHILIP MORRIS INTERNATIONAL INC.
JSDA JONES SODA (US)
EPRT ESSENTIAL PROPERTIES REALTY TRUST
PRMW PRIMO WATER CORPORATION
FRT FEDERAL REALTY INVESTMENT TRUST
08/08/24 August 8, 2024 1 EN
Free Trial
UE Urban Edge Prop...

Urban Edge Properties: 1 director

A director at Urban Edge Properties sold 32,892 shares at 17.309USD and the significance rating of the trade was 92/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

UE URBAN EDGE PROPERTIES
05/20/24 May 20, 2024 1 EN
 PRESS RELEASE
Free
UE Urban Edge Prop...

Urban Edge Properties Declares a Quarterly Common Dividend of $0.22 pe...

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE:UE) announced today that its Board of Trustees has declared a regular quarterly dividend of $0.22 per common share. The dividend will be payable on June 29, 2018 to common shareholders of record on June 15, 2018. ABOUT URBAN EDGE PROPERTIES Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. U...

May 9, 2018 1 EN
 PRESS RELEASE
Free
UE Urban Edge Prop...

Urban Edge Properties Reports First Quarter 2018 Results

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE:UE) (the "Company") today announced its results for the quarter ended March 31, 2018. Financial Results(1)(2) Generated net income of $23.0 million, or $0.18 per diluted share. Generated Funds from Operations applicable to diluted common shareholders ("FFO") of $44.1 million, or $0.35 per share. Generated FFO as Adjusted of $41.3 million or $0.33 per share, consistent with the first quarter of 2017. ...

May 2, 2018 1 EN
 PRESS RELEASE
Free
UE Urban Edge Prop...

Urban Edge Properties Announces First Quarter 2018 Earnings Release Da...

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE:UE) announced today that it will release its 2018 first quarter earnings on Wednesday, May 2, 2018, after the market close. ABOUT URBAN EDGE PROPERTIES Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 89 properties totaling 16.7 million square feet of gross leasable area. ...

March 7, 2018 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch