CORPORATE
SNAPSHOT
June 2023
Table of Contents
3 |
Who We Are and Our Strategy |
17 |
Ownership on Iconic & |
Non-Replicable Streets |
|
23 |
Compelling Multi-Year Growth |
29 |
Dual Platform - Demonstrated Ability |
to Access & Deploy Capital |
|
31 |
Valuation |
35 |
Portfolio Updates |
41 |
Not All Space is Created Equal |
46 |
Densification / Value Enhancement |
55 |
City Point |
61 |
Third-Party Capital |
66 |
ESG |
68 |
2 |
Appendix |
WHO WE ARE and OUR STRATEGY
3
Business Model Differentiation - Dual Platform
CORE/ON-BALANCE SHEET
- Public Capital
- Strategy: Open-air retail format agnostic depending on cycle and opportunities. Focused on high growth markets.
FUNDS BUSINESS/THIRD-PARTY CAPITAL
- Private Capital: Utilizing discretionary fund vehicles and other third-party capital.
- Strategy: Opportunistic/Value-Add across capital stack, high-yielding, redevelopments and restructurings.
4
Acadia Realty Snapshot
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual operating platforms (Core Portfolio and Fund) and its disciplined, location- driven investment strategy.
Acadia Realty Trust accomplishes this goal by:
- Building a best-in-class Core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors
- Making profitable opportunistic and value-add investments through its series of discretionary, institutional funds
- And maintaining a strong balance sheet.
ACADIA TOTAL OPERATING PORTFOLIO
CORE |
GLA |
Pro Rata |
||||
PORTFOLIO |
at 100% |
Share |
||||
Total |
Total |
Occupancy |
Leased |
|||
Street & Urban |
1,475 |
1,273 |
87.5% |
90.7% |
||
Suburban |
4,006 |
3,847 |
94.5% |
95.9% |
||
Total Core |
5,481 |
5,120 |
92.8% |
94.6% |
||
FUNDS PORTFOLIO |
||||||
Total Funds |
8,358 |
1,825 |
87.6% |
91.9% |
||
TOTAL |
||||||
13,839 |
6,945 |
|||||
* Square feet in 000's
5
Attachments
Disclaimer
Acadia Realty Trust published this content on 05 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 June 2023 20:26:57 UTC.