February 27, 2025 - 13:16
Postal Realty Trust, Inc. has reported impressive results for the fourth quarter and the year ending 2024, highlighting its robust growth and strategic initiatives. The company introduced its 2025 Adjusted Funds from Operations (AFFO) guidance, projecting between $1.20 to $1.22 per diluted share, signaling confidence in its operational performance.
In a notable achievement, Postal Realty executed new leases featuring 3% annual rent escalations with a ten-year term, ensuring stable revenue growth. The company also made significant acquisitions in 2024, totaling $91 million at an average capitalization rate of 7.6%, further expanding its portfolio of over 2,000 properties primarily leased to postal service operators.
Additionally, Postal Realty Trust has raised its dividend per share for the seventh consecutive year, demonstrating its commitment to returning value to shareholders. These developments reflect the company's strategic focus on long-term growth and stability in the competitive real estate market.
September 19, 2025 - 10:27
Innovative Bilingual App Bridges Singapore's Real Estate Market for Global BuyersIn a significant step towards enhancing accessibility in the property sector, a new mobile application has been launched to facilitate seamless navigation between English and Chinese. This upgraded...
September 18, 2025 - 21:00
Babson TARCO Institute for Real Estate and Entrepreneurship LaunchesThe newly established Babson TARCO Institute for Real Estate and Entrepreneurship aims to revolutionize the landscape of real estate innovation. Founded under the visionary leadership of Todd...
September 18, 2025 - 11:58
Settlement Reached Over Allegations of Investor MisleadingA former investment fund adviser from Centennial, along with his real estate firms based in Greenwood Village, has agreed to a substantial settlement of $9.7 million. This decision comes in...
September 17, 2025 - 21:04
Brooklyn Waterfront Neighborhood Sees Significant Rent DeclineStreetEasy has released its August market report, highlighting the notable decrease in rent prices within a prominent waterfront neighborhood in Brooklyn. This area, known for its affluence and...