SUPPLEMENTAL INFORMATION UNAUDITED FIRST QUARTER 2025 Forward-Looking Statements This supplemental information package contains certain 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. STAG Industrial, Inc. (STAG) intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of ...

Note: Unless otherwise indicated, the source of all Company data is publicly available information that has been or will be filed with the Securities and Exchange Commission for the period ending March 31, 2025. Founded / IPO NYSE Market Cap1 Enterprise Value1 Operating Retail Properties Total Owned Retail GLA (SF) Retail Portfolio Percent Leased Annualized Base Rent (ABR) per SF Net Debt to Adjusted EBITDA ABR from Assets with a Grocery Component2 ABR in Sun Belt Markets3 ABR from Community & Neighborhood ...

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to FFO of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 3.92%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.53 per share when it actually produced FFO of $0.53, delivering no surprise. Over the last four quarters, ...

Company Performance - American Assets Trust (AAT) reported quarterly funds from operations (FFO) of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.45 per share, but down from $0.71 per share a year ago, indicating a 26.76% year-over-year decline [1] - The company achieved an FFO surprise of 15.56% for the quarter, having previously reported an FFO of $0.55 per share against an expectation of $0.50 per share, resulting in a 10% surprise [1][2] - Revenues for the quarter were $108.61 million, surpassing the Zacks Consensus Estimate by 2.37%, although this represents a decrease from $110.7 million in the same quarter last year [2] Market Outlook - American Assets Trust shares have declined approximately 27.6% since the beginning of the year, contrasting with a 6% decline in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the outlook for FFO [3][4] - Current consensus FFO estimate for the upcoming quarter is $0.49 on revenues of $109.83 million, and for the current fiscal year, it is $1.94 on revenues of $437.04 million [7] Industry Context - The REIT and Equity Trust - Retail industry, to which American Assets Trust belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which can impact investor sentiment [5][6]

分组1 - Highwoods Properties reported quarterly funds from operations (FFO) of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.82 per share, but down from $0.89 per share a year ago, representing an FFO surprise of 1.22% [1] - The company posted revenues of $200.38 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.92%, compared to year-ago revenues of $211.28 million [2] - Highwoods Properties has surpassed consensus FFO estimates three times over the last four quarters, while it has topped consensus revenue estimates only once in the same period [2] 分组2 - The stock has underperformed the market, losing about 7.1% since the beginning of the year, compared to the S&P 500's decline of 6% [3] - The current consensus FFO estimate for the coming quarter is $0.85 on revenues of $204.19 million, and for the current fiscal year, it is $3.35 on revenues of $828.53 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 38% of over 250 Zacks industries, indicating potential challenges for the sector [8]

Core Viewpoint - W.P. Carey (WPC) reported quarterly funds from operations (FFO) of $1.17 per share, missing the Zacks Consensus Estimate of $1.20 per share, but showing an increase from $1.14 per share a year ago, indicating a -2.50% surprise in FFO performance [1] Financial Performance - The company posted revenues of $407.44 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.97%, compared to $389.8 million in the same quarter last year [2] - Over the last four quarters, W.P. Carey has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] Stock Performance - W.P. Carey shares have increased approximately 11.5% since the beginning of the year, contrasting with a -6% decline in the S&P 500 [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $1.21, with expected revenues of $412.71 million, and for the current fiscal year, the estimate is $4.83 on $1.67 billion in revenues [7] - The estimate revisions trend for W.P. Carey is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] Industry Context - The REIT and Equity Trust - Other industry, to which W.P. Carey belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges ahead [8]

Core Viewpoint - Community Healthcare Trust (CHCT) reported quarterly funds from operations (FFO) of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $0.59 per share a year ago, indicating a 3.77% surprise [1] Financial Performance - The company achieved revenues of $30.08 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.06%, compared to $29.33 million in the same quarter last year [2] - Over the last four quarters, CHCT has exceeded consensus FFO estimates three times and revenue estimates two times [2] Stock Performance and Outlook - CHCT shares have declined approximately 16.7% year-to-date, contrasting with the S&P 500's decline of 6% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [4][6] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is $0.55 on revenues of $30.82 million, and for the current fiscal year, it is $2.20 on revenues of $123.67 million [7] - The estimate revisions trend for CHCT is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry, to which CHCT belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges ahead [8]

Core Viewpoint - Acadia Realty Trust reported quarterly funds from operations (FFO) of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, and showing a year-over-year increase from $0.33 per share [1] Financial Performance - The company achieved revenues of $104.39 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.52%, compared to $91.36 million in the same quarter last year [2] - Over the last four quarters, Acadia Realty Trust has exceeded consensus revenue estimates three times [2] Stock Performance - Acadia Realty Trust shares have declined approximately 18.1% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.32 on revenues of $96.9 million, and for the current fiscal year, it is $1.36 on revenues of $400.6 million [7] - The estimate revisions trend for Acadia Realty Trust is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Retail industry is ranked in the top 29% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Group 1 - Regency Centers (REG) reported quarterly funds from operations (FFO) of $1.15 per share, exceeding the Zacks Consensus Estimate of $1.14 per share, and up from $1.08 per share a year ago, representing an FFO surprise of 0.88% [1] - The company achieved revenues of $380.91 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.60%, compared to $363.85 million in the same quarter last year [2] - Regency Centers has outperformed the market with a 2.8% decline since the beginning of the year, compared to the S&P 500's decline of 6% [3] Group 2 - The current consensus FFO estimate for the upcoming quarter is $1.12 on revenues of $371.91 million, and for the current fiscal year, it is $4.54 on revenues of $1.52 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Retail is in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Group 3 - Regency Centers has surpassed consensus FFO estimates in all four of the last quarters, indicating strong performance consistency [2] - The estimate revisions trend for Regency Centers is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6]

Equity Residential (EQR) came out with quarterly funds from operations (FFO) of $0.95 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to FFO of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.15%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1 per share when it actually produced FFO of $1, delivering no surprise.Over the last four quarters, the co ...