Acadia Realty Trust to Present at BofA Securities 2024 Global Real Estate Conference
04 Septiembre 2024 - 3:15PM
Business Wire
Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”)
today announced that it will participate at the BofA Securities
2024 Global Real Estate Conference.
BofA Securities 2024 Global Real Estate
Conference
Acadia will participate at the BofA Securities 2024 Global Real
Estate Conference which will be held September 10-12, 2024. Kenneth
F. Bernstein, Acadia’s President and Chief Executive Officer, is
scheduled for a roundtable discussion on Wednesday, September 11,
2024, at 3:45 p.m. ET. The Company’s presentation materials will be
posted on its website under “Investors - Presentations &
Events.”
Acadia will also host individual meetings with investors during
the conference.
About Acadia
Acadia Realty Trust is an equity real estate investment trust
focused on delivering long-term, profitable growth. Acadia owns and
operates a high-quality core real estate portfolio ("Core" or "Core
Portfolio") of street and open-air retail properties in the
nation's most dynamic retail corridors, along with an investment
management platform that targets opportunistic and value-add
investments through its institutional co-investment vehicles
("Investment Management"). For further information, please visit
www.acadiarealty.com.
The Company uses, and intends to use, the Investors page of its
website, which can be found at www.acadiarealty.com/investors, as a
means of disclosing material nonpublic information and of complying
with its disclosure obligations under Regulation FD, including,
without limitation, through the posting of investor presentations
and certain portfolio updates. Additionally, the Company also uses
its LinkedIn profile to communicate with its investors and the
public. Accordingly, investors are encouraged to monitor the
Investors page of the Company's website and its LinkedIn profile,
in addition to following the Company’s press releases, SEC filings,
public conference calls, presentations and webcasts.
Safe Harbor Statement
Certain statements in this press release may contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements, which are based on certain assumptions and describe the
Company's future plans, strategies and expectations are generally
identifiable by the use of words, such as “may,” “will,” “should,”
“expect,” “anticipate,” “estimate,” “believe,” “intend” or
“project,” or the negative thereof, or other variations thereon or
comparable terminology. Forward-looking statements involve known
and unknown risks, uncertainties and other factors that could cause
the Company's actual results and financial performance to be
materially different from future results and financial performance
expressed or implied by such forward-looking statements, including,
but not limited to: (i) macroeconomic conditions, including due to
geopolitical conditions and instability, which may lead to a
disruption of or lack of access to the capital markets, disruptions
and instability in the banking and financial services industries
and rising inflation; (ii) the Company’s success in implementing
its business strategy and its ability to identify, underwrite,
finance, consummate and integrate diversifying acquisitions and
investments; (including the potential acquisitions discussed in
this press release); (iii) changes in general economic conditions
or economic conditions in the markets in which the Company may,
from time to time, compete, and their effect on the Company’s
revenues, earnings and funding sources; (iv) increases in the
Company’s borrowing costs as a result of rising inflation, changes
in interest rates and other factors; (v) the Company’s ability to
pay down, refinance, restructure or extend its indebtedness as it
becomes due; (vi) the Company’s investments in joint ventures and
unconsolidated entities, including its lack of sole decision-making
authority and its reliance on its joint venture partners’ financial
condition; (vii) the Company’s ability to obtain the financial
results expected from its development and redevelopment projects;
(viii) the ability and willingness of the Company's tenants to
renew their leases with the Company upon expiration, the Company’s
ability to re-lease its properties on the same or better terms in
the event of nonrenewal or in the event the Company exercises its
right to replace an existing tenant, and obligations the Company
may incur in connection with the replacement of an existing tenant;
(ix) the Company’s potential liability for environmental matters;
(x) damage to the Company’s properties from catastrophic weather
and other natural events, and the physical effects of climate
change; (xi) the economic, political and social impact of, and
uncertainty surrounding, any public health crisis, such as the
COVID-19 Pandemic, which adversely affected the Company and its
tenants’ business, financial condition, results of operations and
liquidity; (xii) uninsured losses; (xiii) the Company’s ability and
willingness to maintain its qualification as a REIT in light of
economic, market, legal, tax and other considerations; (xiv)
information technology security breaches, including increased
cybersecurity risks relating to the use of remote technology; (xv)
the loss of key executives; and (xvi) the accuracy of the Company’s
methodologies and estimates regarding environmental, social and
governance (“ESG”) metrics, goals and targets, tenant willingness
and ability to collaborate towards reporting ESG metrics and
meeting ESG goals and targets, and the impact of governmental
regulation on its ESG efforts.
The factors described above are not exhaustive and additional
factors could adversely affect the Company’s future results and
financial performance, including the risk factors discussed under
the section captioned “Risk Factors” in the Company’s most recent
Annual Report on Form 10-K and other periodic or current reports
the Company files with the SEC. Any forward-looking statements in
this press release speak only as of the date hereof. The Company
expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any changes in the Company’s expectations with regard
thereto or changes in the events, conditions or circumstances on
which such forward-looking statements are based.
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version on businesswire.com: https://www.businesswire.com/news/home/20240904696093/en/
Sandra Liang (914) 288-3356
Acadia Realty (NYSE:AKR)
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