Earnings Call Summary | Alpine Income Property Trust(PINE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Alpine Income Property Trust(PINE.US) Q1 2024 Earnings Conference
The following is a summary of the Alpine Income Property Trust, Inc. (PINE) Q1 2024 Earnings Call Transcript:
以下是阿尔卑斯收益财产信托公司（PINE）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Alpine Income Property Trust reported Q1 2024 FFO of $0.41 per share, a 13.9% increase from Q1 2023.
Total revenues increased by 11.7% driven largely by the interest income generated by their loan portfolio.
G&A as a percentage of revenues in Q1 2024 sat at 12.4%, marking a significant decrease from the previous year.
阿尔卑斯收益财产信托基金报告称，2024年第一季度FFO为每股0.41美元，较2023年第一季度增长13.9％。
总收入增长了11.7％，这主要是由其贷款组合产生的利息收入推动的。
2024年第一季度，并购占收入的百分比为12.4％，比上年大幅下降。
Business Progress:
业务进展：
Alpine originated a $7.2 million first mortgage loan investment and acquired land under a CVS in Baton Rouge for $1 million.
The property portfolio was 99% occupied and consisted of 138 properties spread across 35 states.
Key tenants in the portfolio included major retailers such as Walgreens, Lowe's, Dick's Sporting Goods, Family Dollar, Dollar Tree, and Dollar General.
65% of total annualized base rents came from tenants with an investment-grade rating, showing an increase from the previous year.
阿尔派发起了720万澳元的首笔抵押贷款投资，并以100万美元的价格收购了巴吞鲁日CVS下的土地。
该房地产投资组合的占用率为99％，包括分布在35个州的138处房产。
投资组合中的主要租户包括沃尔格林、劳氏、迪克体育用品、Family Dollar、Dollar、Dollar Tree和Dollar General等主要零售商。
年化基本租金总额的65％来自投资级评级的租户，比上年有所增加。
More details: Alpine Income Property Trust IR
更多详情： 阿尔卑斯收益财产信托基金 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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。