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创新高!济南这一重要片区挂地,楼面价18211元/平方米
Sou Hu Cai Jing· 2025-05-26 07:30
与文博西地块同时挂牌的还有长清的7宗土地。其中,1宗居住地块在长清老城北部,由6幅商业、商务金融地块组成的资产包在双泉镇东北部 山区,是长清神秀谷田园综合体的用地。 此次挂牌出让的文博西片区组团共包含2幅居住、1幅商务金融和商业用地,总出让金约29.5亿元,位于茂岭山东片区13街和平东路南侧、经十 路以北。5月18日至25日,从13街区局部用地深化落实公布到优质土地推介,再到挂牌出让,文博西片区组团可谓赚足了眼球。文博西片区一 期西地块和东地块位置更好,紧邻山东博物馆、万象城,周边学校、医院、商业、文化、交通资源丰富。 (新黄河客户端记者罗晓飞) 继上周推介2025年度济南第一批次优质地块后,供应地块接着入市挂牌。5月25日文博西片区组团挂牌出让,2幅居住地块楼面起始价约18211 元/平方米,超越今年3月成交的中央商务区西片区城市更新项目(一期)A-1地块,如下月23日顺利出让,不仅将成为年度新地王,而且是 2017年以来的新高。 本次挂牌出让的文博西片区一期西地块和东地块出让面积分别是15830平方米、32269平方米,地块容积率均为2.7,楼面起始价约18211元/平方 米,超出中央商务区西片区城市更新 ...
Maui Land & Pineapple Company, Inc. Reports Fiscal First Quarter 2025 Results and Announces New Scalable Agri-Business Venture
Globenewswire· 2025-05-15 20:48
KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 ...
Alico(ALCO) - 2025 Q2 - Earnings Call Transcript
2025-05-14 13:30
Financial Data and Key Metrics Changes - Revenue for the second fiscal quarter decreased by 1% to $18 million compared to $18.1 million for the prior year period [13] - For the six months ended March 31, 2025, revenue decreased by 9% to $34.9 million compared to $32.1 million for the prior year period [13] - The company reported a net loss attributable to common shareholders of $111.4 million for the three months ended March 31, 2025, compared to a loss of $15.8 million for the same period in the prior year [17] - EBITDA for the three months ended March 31, 2025, was a loss of $14.7 million compared to a loss of $16.5 million for the same period in the prior year [17] - Adjusted EBITDA for the three months ended March 31, 2025, was a gain of $12.7 million compared to a loss of $16.5 million for the same period in the prior year [17] Business Line Data and Key Metrics Changes - Alico harvested approximately 4.7 million and 8.7 million pound solids of fruit for the three and six months ended March 31, 2025, respectively, compared to 5.8 million and 10.4 million pound solids in the same periods of the prior fiscal year [14] - Land management and other operations revenue increased by 10,774% for the three and six months ended March 31, 2025, primarily due to increased rock and sand royalty income and sod sales [15] Market Data and Key Metrics Changes - The company completed the sale of 2,100 acres of land in the second quarter of 2025, contributing to other income of $15.3 million for that quarter [16] - The company raised its outlook for land sales to potentially exceed $50 million for the fiscal year, a 150% increase from prior guidance [6] Company Strategy and Development Direction - The company is transitioning to a diversified land company, having completed its major capital investment in citrus operations [5] - Alico is actively engaged with agricultural operators to diversify its remaining agricultural activities, including sod production and seasonal crop leases [7] - The company is pursuing development opportunities for its properties, including the Corkscrew Grove Villages project, which aims to create mixed-use master plan communities [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strategic transformation, projecting a cash balance of approximately $25 million and net debt of about $60 million by the end of the fiscal year [19] - The company expects to generate approximately $20 million in adjusted EBITDA for fiscal year 2025, supported by land sales and cash generated from citrus harvests [20] Other Important Information - The company amended its credit agreement to adjust financial covenants and reduce insurance coverage requirements, resulting in cost savings [12] - A $50 million share repurchase program was announced as part of the capital allocation strategy [12] Q&A Session Summary Question: Can you provide additional details on the $15.8 million from land sales in the quarter? - The $15.8 million was from the sale of 2,100 acres located in Henry County [25][26] Question: Are there ongoing discussions for additional land sales to achieve the $50 million target? - The company is in discussions for additional land sales, but the timing is uncertain due to the diligence process [28] Question: What milestones can be expected for the Corkscrew project before potential entitlement approvals? - The entitlement approvals themselves will serve as milestones, with individual meetings and revisions expected throughout the process [29]
Five Point(FPH) - 2025 Q1 - Earnings Call Transcript
2025-04-24 22:24
Five Point Holdings, LLC (NYSE:FPH) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Dan Hedigan - President & Chief Executive Officer Mike Alvarado - Chief Operating Officer & Chief Legal Officer Kim Tobler - Chief Financial Officer Conference Call Participants Kenneth Pounds - Castlebury Advisory Ben Fader-Rattner - Space Summit Capital Operator Greetings, and welcome to the Five Point Holdings, LLC First Quarter 2025 Conference Call. As a reminder, this call is being record ...
Pure Cycle(PCYO) - 2025 Q2 - Earnings Call Transcript
2025-04-10 12:30
Pure Cycle Corporation (PCYO) Q2 2025 Earnings Conference Call April 10, 2025 08:30 AM ET Company Participants Moderator - Conference Call HostUnknown Investor - Investor (Questioner)Greg Bennett - ShareholderUnknown CEO - Chief Executive OfficerMark Spiezeali - Chief Financial OfficerOperator - Teleconference OperatorDan Kozlowski - Board MemberJeff Scott - Board Member Conference Call Participants Bill Miller - Investor/Analyst (Questioner)Elliot - Investor/Analyst (Questioner)Bob Schloss - Investor/Analy ...
Maui Land & Pineapple Company Reports Fiscal 2024 Results
Globenewswire· 2025-03-31 20:59
Core Insights - Maui Land & Pineapple Company, Inc. reported a net loss of $7,391,000 for the fiscal year 2024, compared to a net loss of $3,080,000 in 2023, primarily due to non-cash stock compensation expenses and increased operating costs [9][14][17] - The company achieved operating revenues of $11,565,000 in 2024, a 25% increase from $9,289,000 in 2023, driven by land sales, leasing, and resort amenities [3][13] - Adjusted EBITDA for 2024 was $492,000, a significant improvement from a loss of $662,000 in 2023, indicating positive operational performance [9][17] Financial Performance - Operating revenues increased by $2,276,000 or 25% from 2023 to 2024, with land development and sales revenues reaching $520,000, attributed to the Honokeana Homes Relief Housing Project [3][9] - Leasing revenues rose to $9,621,000 in 2024, up 14% from $8,461,000 in 2023, due to improved occupancy and new leases [3][9] - Resort amenities revenue increased by 72% to $1,424,000, reflecting new memberships and better collection of dues [3][9] Costs and Expenses - Total operating costs and expenses for 2024 were $18,919,000, an increase of $4,659,000 from 2023, mainly due to non-cash stock compensation costs [3][14] - The increase in operating costs included $3,466,000 in non-cash stock compensation, $509,000 in land development costs, and $586,000 in leasing costs [3][14] Assets and Liquidity - Cash and investments convertible to cash totaled $9,522,000 as of December 31, 2024, an increase of $687,000 from $8,835,000 in 2023 [9][17] - The company identified twelve non-strategic assets for sale, with a combined listing price of $10.9 million [3][9] Strategic Focus - The company aims to maximize the productive use of its landholdings to address housing needs, job opportunities, and food production in Maui [2][8] - The strategic plan includes engaging with local communities to enhance resilience and sustainability [2][8]
土地周报 | 土拍供求规模回落,上海嘉定新城刷新地价纪录(3.3-3.9)
克而瑞地产研究· 2025-03-11 08:55
Core Viewpoint - The land supply and demand scale in key cities has significantly decreased, with a notable drop in both supply and transaction volumes during the week of March 3 to March 9, 2025, influenced by the National People's Congress and seasonal changes in supply-demand dynamics [1][2]. Supply Summary - The total supply of land this week was 6.15 million square meters, a 34% decrease from the previous week. First and second-tier cities saw supply drop by 91% and 42% respectively, while third and fourth-tier cities experienced a 33% increase [1]. - The average plot ratio for residential land supplied this week was 2.3, with cities like Quanzhou, Haikou, and Taiyuan exceeding an average plot ratio of 2.5 [1]. - A notable land parcel in Beijing's Tongzhou district was listed with a starting total price of 2.33 billion yuan and a plot ratio of 2.5, highlighting its advantageous location and surrounding amenities [1]. Transaction Summary - Total transaction volume reached 1.26 million square meters, marking a 75% decrease week-on-week, with a transaction value of 6.5 billion yuan, down 85% [2]. - The average floor price in key cities fell by 15% to 5,138 yuan per square meter, while the average premium rate remained at 10.7%, maintaining above 10% for three consecutive weeks [2]. - In Shanghai's Jiading New Town, a residential land parcel was sold for 2.66 billion yuan with a premium rate of 30%, setting a new record for the area [3].
43个月新高!平均溢价率首破13%,什么信号?
券商中国· 2025-02-28 13:08
在重点城市高溢价地块成交带动下,平均溢价率再创新高。 今年以来,一二线城市土地市场高溢价地块频现,但三四线城市仍以底价成交为主。 据克而瑞研究中心统计,2月以来,北京、上海、杭州多宗高总价地块的高溢价成交,拉动重点监测城市平均 溢价率升至13.4%。这是自2021年7月以来平均溢价率首次突破10%。 业内人士预计,上半年重点城市土地热度有望延续,将有更多高溢价优质宅地出现,并且会蔓延到更多城市, 具备"低库存+强购买力"双重优势的区域有望率先迎来地价回暖。 重点城市平均溢价率创新高 2月,尽管土地成交面积同环比持续回落,但北京、上海、杭州迎来多宗高总价地块的高溢价成交,土地成交 金额同比上涨,平均溢价率也再创新高。 据克而瑞研究中心统计,截至2月25日,2月全国300城土地供应2702万平方米,环比下降22.6%,同比下降 36%;成交建筑面积2283万平方米,环比下降52%,同比下降6%;成交金额917亿元,同比上升39%,其中, 一线城市成交金额304亿元,环比下降4%,同比上升27%。因一二线城市优质地块成交占比上升,2月平均楼 板价达到4019元/平方米,环比上月同期增加48%。 值得注意的是,重点监 ...