Earnings Call Summary | First Industrial Realty Trust Inc(FR.US) Q1 2024 Earnings Conference
Earnings Call Summary | First Industrial Realty Trust Inc(FR.US) Q1 2024 Earnings Conference
The following is a summary of the First Industrial Realty Trust, Inc. (FR) Q1 2024 Earnings Call Transcript:
以下是第一工業房地產信託公司（法國）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
First Industrial Realty Trust reported Q1 2024 NAREIT funds from operations of $0.60 per fully diluted share, an increase mainly driven by higher rental rates and low free rent.
Cash same-store NOI growth for the quarter was at 10%.
The company sold nine properties accumulating 433,000 square feet for $49 million.
Updated 2024 FFO guidance is between $2.55 to $2.65 per share.
第一工業房地產信託基金報告稱，2024年第一季度NAREIT運營資金爲全面攤薄後每股0.60美元，這一增長主要是由租金上漲和免費租金低推動的。
本季度現金同店淨收入增長爲10％。
該公司以4900萬美元的價格出售了九處房產，總面積爲43.3萬平方英尺。
2024年更新後的FFO指導價格在每股2.55美元至2.65美元之間。
Business Progress:
業務進展：
Significant development leases were secured this quarter, with progress made on 2024 renewals.
Leasing achievements consisted of full-building leases at First Rockdale IV in Nashville and First Stockton Logistics Center in Northern California.
68% of 2024 lease expirations handled weighted on-net rent.
Occupancy remained steady at 95.5%, with an anticipated increase in in-service occupancy later in the year.
Development projects in South Florida being contemplated after leasing successes.
Diversified tenant interests and steady growth in leasing and renewal activities, with strong prospects in third-party logistics discussions noted.
Phoenix is a prime location for data center developments and industrial use.
Renewal discussions for properties in the 150,000 to 300,000 square-foot range in Southern California are ongoing.
Despite delays, the company remains optimistic about turning conversations into leases.
本季度獲得了大量開發租約，2024年的續約取得了進展。
租賃成就包括納什維爾第一羅克代爾四號和北加州第一斯托克頓物流中心的整棟建築租賃。
在2024年的租約到期中，有68％處理了加權淨租金。
入住率穩定在95.5％，預計今年晚些時候在職入住率將增加。
租賃成功後，正在考慮在南佛羅里達州進行開發項目。
租戶利益多元化，租賃和續訂活動穩步增長，第三方物流討論前景光明。
菲尼克斯是數據中心開發和工業用途的黃金地段。
南加州15萬至30萬平方英尺房產的續約討論仍在進行中。
儘管出現延誤，但該公司仍對將對話轉化爲租賃持樂觀態度。
More details: First Industrial Realty Trust Inc IR
更多詳情： 第一工業房地產信託公司 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。