- Urstadt Biddle Properties has two share classes: UBA and UBP. The latter has lower volume but has persistently traded at a big discount to the former recently.
- There are at least eight particular reasons to like Urstadt Biddle as an investment.
- Rent collection has remained flat at around 94% in 2021, but deferred rents are getting repaid, occupancy is rising, and rent rates have turned a corner toward growth.
- CEO Willing Biddle teased the potential for acquisitions to resume later this year.
For further details see:
Urstadt Biddle Properties: Organic And External Growth Ahead