The company said net income available for common shareholders for Q3 2025 was $0.69 per diluted share ($0.70 a year earlier), and FFO was $1.77 per diluted share, up 3.5% from $1.71 a year earlier.

1. 01

   The company said net income available for common shareholders for Q3 2025 was $0.69 per diluted share ($0.70 a year earlier), and FFO was $1.77 per diluted share, up 3.5% from $1.71 a year earlier.

2. 02

   The company said it signed 123 leases for 727,029 square feet of comparable retail space in Q3, with rent growth of 28% on a cash basis and 43% on a straight-line basis. It said comparable portfolio occupancy at quarter-end was 94.0% and the leased rate was 95.7%.

3. 03

   The company set its full-year 2025 earnings per diluted share outlook at $3.93 to $3.99, versus its prior outlook of $3.91 to $4.01. It said its FFO outlook, excluding NMTC transaction income, was raised to $7.05 to $7.11 from $7.01 to $7.11.

4. 04

   The company said it acquired Town Center Crossing and Town Center Plaza in Leawood, KS, for $289 million on July 1, 2025, and after quarter-end, on October 10, it acquired Annapolis Town Center for $187 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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