Six Sun Belt shopping center buys worth roughly $256 million in the first half lifted the low end of full-year Core FFO guidance to $1.92 to $1.96, with revenue up 12.6% and same-property NOI accelerating to 4.1%. Leverage is the cost: net debt to adjusted EBITDA climbed to 5.5x from 4.5x at year-end.
InvenTrust Properties :
IVT
IVT
Stock Data
$33.30
$0.10 (0.30%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - RETAIL
InvenTrust Properties Corp is a leading real estate investment trust (REIT) focusing on Sun Belt regions. It specializes in owning and managing grocery-anchored shopping centers and high-quality power centers with grocery elements. IVT is known for its strategic acquisitions and sales of retail properties, maintaining a flexible financial structure, and a commitment to environmental, social, and governance (ESG) excellence. As a member of the Global Real Estate Sustainability Benchmark since 2013, IVT is recognized for its ESG leadership and strong local market relationships.
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