Acadia Realty Trust to Present at NAREIT’s REITweek®: 2022 Investor Conference
03 June 2022 - 6:15AM
Business Wire
Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”)
today announced that it will participate in NAREIT’s REITweek®:
2022 Investor Conference.
NAREIT REITweek®: 2022 Investor Conference
Acadia will participate in NAREIT’s REITweek®: 2022 Investor
Conference which will be held on June 7-9, 2022. Kenneth F.
Bernstein, Acadia’s President and Chief Executive Officer, is
scheduled to make a company presentation on Wednesday, June 8,
2022, at 11:45 a.m. ET. The Company’s presentation materials will
be posted on its website under “Investors – Presentations &
Events.”
Acadia will also host individual meetings with investors during
the conference.
Acadia Realty Trust Webcast:
Date:
Wednesday, June 8, 2022
Time:
11:45 a.m. – 12:15 p.m. ET
Webcast link:
REITweek Investor Conference
Webcast replay expires: 90 days following the live webcast
Acadia’s presentation will be available live via audio webcast,
which may be accessed at the above link. A replay of the webcast
will be available on the Company’s website for 90 days under
“Investors – Presentations & Events.”
About Acadia Realty Trust
Acadia Realty Trust is an equity real estate investment trust
focused on delivering long-term, profitable growth via its dual -
Core and Fund - operating platforms and its disciplined,
location-driven investment strategy. Acadia Realty Trust is
accomplishing 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. For
further information, please visit www.acadiarealty.com.
Safe Harbor Statement
Certain statements in this press release may contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities and Exchange Act of 1934, as amended. Forward-looking
statements, which are based on certain assumptions and describe the
Company's future plans, strategies and expectations are generally
identifiable by the use of words, such as “may,” “will,” “should,”
“expect,” “anticipate,” “estimate,” “believe,” “intend” or
“project,” or the negative thereof, or other variations thereon or
comparable terminology. Forward-looking statements involve known
and unknown risks, uncertainties and other factors that could cause
the Company's actual results and financial performance to be
materially different from future results and financial performance
expressed or implied by such forward-looking statements, including,
but not limited to: (i) the economic, political and social impact
of, and uncertainty surrounding the COVID-19 Pandemic, including
its impact on the Company’s tenants and their ability to make rent
and other payments or honor their commitments under existing
leases; (ii) macroeconomic conditions, such as a disruption of or
lack of access to the capital markets; (iii) the Company’s success
in implementing its business strategy and its ability to identify,
underwrite, finance, consummate and integrate diversifying
acquisitions and investments; (iv) changes in general economic
conditions or economic conditions in the markets in which the
Company may, from time to time, compete, and their effect on the
Company’s revenues, earnings and funding sources; (v) increases in
the Company’s borrowing costs as a result of rising inflation,
changes in interest rates and other factors, including the
discontinuation of the USD London Interbank Offered Rate, which is
currently anticipated to occur in 2023; (vi) the Company’s ability
to pay down, refinance, restructure or extend its indebtedness as
it becomes due; (vii) the Company’s investments in joint ventures
and unconsolidated entities, including its lack of sole
decision-making authority and its reliance on its joint venture
partners’ financial condition; (viii) the Company’s ability to
obtain the financial results expected from its development and
redevelopment projects; (ix) the tenants’ ability and willingness
to renew their leases with the Company upon expiration, the
Company’s ability to re-lease its properties on the same or better
terms in the event of nonrenewal or in the event the Company
exercises its right to replace an existing tenant, and obligations
the Company may incur in connection with the replacement of an
existing tenant; (x) the Company’s potential liability for
environmental matters; (xi) damage to the Company’s properties from
catastrophic weather and other natural events, and the physical
effects of climate change; (xii) uninsured losses; (xiii) the
Company’s ability and willingness to maintain its qualification as
a REIT in light of economic, market, legal, tax and other
considerations; (xiv) information technology security breaches,
including increased cybersecurity risks relating to the use of
remote technology during the COVID-19 Pandemic; (xv) the loss of
key executives; and (xvi) the accuracy of the Company’s
methodologies and estimates regarding environmental, social and
governance (“ESG”) metrics, goals and targets, tenant willingness
and ability to collaborate towards reporting ESG metrics and
meeting ESG goals and targets, and the impact of governmental
regulation on its ESG efforts.
The factors described above are not exhaustive and additional
factors could adversely affect the Company’s future results and
financial performance, including the risk factors discussed under
the section captioned “Risk Factors” in the Company’s Annual Report
on Form 10-K for the year ended December 31, 2021 and other
periodic or current reports the Company files with the SEC. Any
forward-looking statements in this press release speak only as of
the date hereof. The Company expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company’s expectations with regard thereto or change in the
events, conditions or circumstances on which such forward-looking
statements are based.
The Company uses, and intends to use, the Investors page of its
website, which can be found at www.acadiarealty.com, as a means of
disclosing material nonpublic information and of complying with its
disclosure obligations under Regulation FD, including, without
limitation, through the posting of investor presentations that may
include material nonpublic information. Accordingly, investors
should monitor the Investors page, in addition to following the
Company’s press releases, SEC filings, public conference calls,
presentations and webcasts. The information contained on, or that
may be accessed through, the website is not incorporated by
reference into, and is not a part of, this document.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220602005891/en/
Sunny Holcomb (914) 288-8100
Acadia Realty (NYSE:AKR)
Historical Stock Chart
From Apr 2024 to May 2024
Acadia Realty (NYSE:AKR)
Historical Stock Chart
From May 2023 to May 2024