Earnings Call Summary | RIOCAN REAL ESTATE INVESTMENT TRUST(RIOCF.US) Q4 2023 Earnings Conference
Earnings Call Summary | RIOCAN REAL ESTATE INVESTMENT TRUST(RIOCF.US) Q4 2023 Earnings Conference
The following is a summary of the RioCan Real Estate Investment Trust (RIOCF) Q4 2023 Earnings Call Transcript:
以下是里奧坎房地產投資信託基金（RIOCF）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
RioCan reported a 4.8% growth in commercial same property's NOI for the year, surpassing their 3% annual target.
FFO per unit stands at $1.77, marking a 3.5% increase from 2022.
New and renewal leasing spreads were 14.7% and 9.8% respectively.
The Residential rental portfolio produced $21.5 million of NOI in 2023, a boost of nearly 58% from 2022.
The expected FFO range for 2024 is between $1.79 and $1.82.
The firm witnessed a reduction due to higher interest expenses and reduced NOI from asset sales.
RioCan報告稱，本年度商業同類物業的淨資產淨值增長了4.8％，超過了3％的年度目標。
每單位的FFO爲1.77美元，比2022年增長了3.5％。
新租和續租的利差分別爲14.7％和9.8％。
住宅租賃投資組合在2023年產生了2150萬美元的淨投資回報，比2022年增長了近58％。
2024年的預期FFO區間在1.79美元至1.82美元之間。
由於利息支出增加和資產出售淨利潤減少，該公司出現了減少。
Business Progress:
業務進展：
RioCan's retail committed occupancy reached a high of 98.4%.
The firm expects to reach its goal of between $50 million to $60 million in residential rental NOI by 2026.
In 2023, nearly 600,000 square feet of development projects were delivered.
The company is focusing on debt reduction.
RioCan set a goal to reach net-zero greenhouse gas emissions by 2050.
The firm plans to maintain its payout ratio between 55% to 65% of FFO in 2024.
The company successfully managed to replace tenants from the CCAA process with stronger, more secure tenants.
RioCan的零售承諾入住率達到98.4％的最高水平。
該公司預計，到2026年，住宅租金淨值將達到5000萬至6000萬澳元的目標。
2023年，交付了近60萬平方英尺的開發項目。
該公司專注於債務減免。
RioCan設定了到2050年實現溫室氣體淨零排放的目標。
該公司計劃在2024年將其派息率維持在FFO的55％至65％之間。
該公司成功地將CCAA流程中的租戶替換爲更強大、更安全的租戶。
More details: RIOCAN REAL ESTATE INVESTMENT TRUST IR
更多詳情： 里奧坎房地產投資信託基金 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。