Weingarten closes on $77M of dispositions in Q2 [Seeking Alpha]
Weingarten Realty Investors (WRI)
Last weingarten realty investors earnings: 2/25 05:37 pm
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Source: Seeking Alpha
Weingarten Realty Investors (NYSE: WRI ) has closed on $345M of dispositions through June 30, 2018 and could reach the high end of its disposition guidance of $450M by year end. We continue to improve our balance sheet with the proceeds from these sales, which will ultimately provide capital for future growth including our acquisition, redevelopment and new development programs, says President and CEO Drew Alexander. Q2 dispositions include Tropicana Marketplace and Eastern Commons in Nevada, Braeswood Square and Valley View Center in Texas, Dallas Commons in Georgia, Wake Forest Crossing II in North Carolina, and a portion of Stoneridge Towne Centre in California. Source: Press Release Previously: Weingarten Realty meets estimates, affirms core FFO guidance (April 25) Click to subscribe to real-time analytics on WRI Now read: Weingarten Realty: NAV Discount Is No More » Subscribe for full text news in your inbox
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