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Stock impact report

RPT Realty Reports Third Quarter 2021 Results; Raises Full Year 2021 Outlook

RPT Realty (RPT) 
Last rpt realty earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.rgpt.com
Company Research Source: GlobeNewswire
Net income (loss) attributable to common shareholders for the third quarter 2021 of $24.0 million, or $0.29 per diluted share, compared to $(3.6) million, or $(0.05) per diluted share for the same period in 2020. Obtained $500 million of additional capital commitments in November from GIC Private Limited (“GIC”) for the core grocery focused R2G Venture REIT LLC ("R2G") platform, bringing GIC's total commitment to $818.3 million for their 48.5% stake in the joint venture.Closed or obtained commitments of new capital totaling approximately $670 million including the additional $500 million from GIC, $130 million of new fixed rate, unsecured private placement debt and $40 million of equity capital through the Company's at-the-market equity distribution agreement, reflecting the Company's access to multiple sources of capital to accretively fund its growth plans.Closed on the acquisition of the Dedham shopping center in the Boston market for $131.5 million in October, resulting in year-to Show less Read more
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