| Market Capitalization (Millions $) |
2,666 |
| Shares
Outstanding (Millions) |
134 |
| Employees |
138 |
| Revenues (TTM) (Millions $) |
609 |
| Net Income (TTM) (Millions $) |
155 |
| Cash Flow (TTM) (Millions $) |
-19 |
| Capital Exp. (TTM) (Millions $) |
393 |
Business Description
Acadia Realty Trust is a real estate investment trust (REIT) that specializes in the ownership, acquisition, redevelopment, and management of retail properties in urban and suburban areas. It was founded in 1964 and is headquartered in Rye, New York. The company's portfolio consists of properties located in major metropolitan areas, primarily on the East Coast of the United States, and focuses on high-end retail properties in densely populated urban areas, such as street retail, luxury malls, and mixed-use properties.
Acadia Realty Trust has a strong track record of acquiring distressed and under-performing properties and turning them into profitable investments. They have a tenant-focused strategy that emphasizes long-term relationships with high-quality tenants, which enables them to maintain high occupancy rates in their properties. In addition to acquiring new properties, the company also invests in the redevelopment of its existing properties, using data-driven market analysis to determine the most effective changes to make. Their goal is to enhance the tenant experience while also improving the value of their properties.
Acadia Realty Trust is also committed to sustainability in their operations, aiming to minimize environmental impact and improve energy efficiency. They have received numerous awards and certifications for their sustainability efforts, including being named an ENERGY STAR Partner of the Year.
The company is publicly traded on the New York Stock Exchange under the ticker symbol AKR. As of December 31, 2020, Acadia Realty Trust owned or had an interest in 51 properties, totaling approximately 9.5 million square feet of gross leasable area. They employ over 200 people and have a market capitalization of approximately $2.4 billion.
Company Address: 411 THEODORE FREMD AVENUE Zagreb 10580 City of Zagreb
Company Phone Number: 288-8100 Stock Exchange / Ticker: NYSE AKR
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9.07 %