Essential Properties: Quality Net Lease REIT With Durable AFFO Growth
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Essential Properties Realty Trust, Inc. reported strong Q3 2024 results with a 2% increase in AFFO per share and a 17% growth in total AFFO year-over-year. The company maintains high occupancy rates and plans significant investments in 2025.
December 31, 2024 | 3:00 pm
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Essential Properties Realty Trust, Inc. reported a 2% increase in AFFO per share and a 17% growth in total AFFO year-over-year for Q3 2024. The company plans to invest $900 million to $1.1 billion in 2025, focusing on service and experience-oriented tenants.
The strong Q3 results with growth in AFFO and the planned significant investments indicate positive future prospects for EPRT. The focus on service and experience-oriented tenants suggests a strategic approach to maintaining high occupancy and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100