- Choice Properties Real Estate Investment Trust press release ( OTC:PPRQF ): Q4 GAAP EPS of -$0.80.
- Reported FFO per unit diluted was $0.241.
- Revenue of $314.38M (-3.5% Y/Y).
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In 2023, Choice Properties will continue to focus on its core business of essential retail and industrial, our growing residential platform and our robust development pipeline, and is targeting: Stable occupancy across the portfolio, resulting in 2-3% year-over-year growth in Same-Asset NOI, Cash Basis; Annual FFO per Unit Diluted in a range of $0.98 to $0.99, reflecting 2-3% year over year growth; and Stable leverage metrics, targeting Adjusted Debt to EBITDAFV of approximately 7.5x.
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Choice Properties Real Estate Investment Trust GAAP EPS of -$0.80, revenue of $314.38M