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Stock impact report

Whitestone REIT Reports Second Quarter 2022 Results

Whitestone REIT Common Shares (WSR) 
Last whitestone reit common shares earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: whitestonereit.com
Company Research Source: GlobeNewswire
HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2022. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in the largest, fastest-growing, high-household-income markets in the Sunbelt. “We are very pleased to deliver strong second quarter operating and financial results with occupancy hitting a record 91.5% and Same Store NOI growth of 8%. Our strategic focus on community centers in high-growth sunbelt markets continues to drive improvements in our leasing efforts and our rent per square foot.  We remain focused on maximizing shareholder value through organic growth, prudent capital allocation, reducing G&A, improving our debt leverage, and delivering on our targeted FFO per share growth of 14 to 19%.” –    Dave Holeman, Chief Executive Show less Read more
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