VRE News and Press, Veris Residential Inc. From 06/27/23

Veris Residential Releases 2022 ESG Report PR Newswire Recognized as First Company Globally to Receive WELL Equity Rating Across its Portfolio Surpassed Commitments to Reduce Both Scope 1 and 2 Emissions by 50% and Energy Consumption by 20% by 2030 Achieved...

2023-06-25 09:00:00 ET Summary Apartment REITs have been the third-best performing REIT sector this year, outperforming the S&P 400 and 600 indexes and the Dow. Apartment supply concerns lie at the root of market pessimism, but job growth in markets with the largest supply gro...

2023-06-15 10:00:00 ET Summary Left for dead in late 2022 on expectations of a "hard landing" across rental markets, Apartment REITs are the third-best-performing property sector this year, lifted by surprisingly buoyant property-level fundamentals. Recent industry data has shown ...

Veris Residential, Inc. to Participate in Nareit's REITweek: 2023 Investor Conference PR Newswire Chief Executive Officer, Mahbod Nia , to Present on Wednesday, June 7th at 12:30 p.m. ET JERSEY CITY, N.J. , June 1, 2023 /PRNewswire/ -- Veris Resid...

2023-05-19 09:00:00 ET Summary The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a we...

2023-05-16 18:52:52 ET Summary The REIT sector declined for the 3rd month in a row with a -2.88% total return in April. Large-cap REITs (+1.35%) saw gains, while mid caps (-0.90%), small caps (-4.44%) and micro caps (-10.62%) all finished April in the red. 34.18% of REIT secur...

2023-05-16 09:50:15 ET Summary The homebuilding market is crashing even as we are dealing with a massive housing shortage. This should create a nice catalyst for homebuilding companies down the road, but perhaps the more interesting catalyst involves REITs that lease properties ou...

2023-05-02 09:00:00 ET Summary We're now at the halfway point of real estate earnings season with roughly 60 equity REITs and 14 mortgage REITs representing 50% of the total market capitalization having reported first-quarter. Results thus far have been better than the prevailing ...

2023-04-30 11:18:02 ET Veris Residential, Inc. (VRE) Q1 2023 Earnings Conference Call April 27, 2023, 09:00 AM ET Company Participants Taryn Fielder - General Counsel, Secretary Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer C...

2023-04-26 17:12:33 ET Veris Residential press release ( NYSE: VRE ): Q1 Core FFO of $0.15 beats by $0.06 . Net loss available to common shareholders was $0.27 per share for the first quarter 2023. Revenue of $66.9M (+44.9% Y/Y). Net-debt-to-EBITDA re...