Urban Edge 2Q26 net income drops to 17,922; revenue rises 7.65% to 122.78 million
UE•Acquisitions, guidance and dividend
- Acquires The Shops at West Falls Church for USD 40.4 million; buys a Shoppers World ground lease for USD 10.7 million.
- Raises 2026 FFO as Adjusted guidance to USD 1.50-1.54 per diluted share; declares a quarterly dividend of USD 0.21.
Second-quarter results and operating metrics
- Urban Edge Properties posts 2Q 2026 net income attributable to common shareholders of USD 17.92 million, down 69.09% year over year.
- FFO as Adjusted rises 10.62% to USD 52.27 million, or USD 0.40 per diluted share.
- Leased occupancy edges up 0.1 percentage point to 96.6% versus June 30, 2025; same-property NOI growth runs at 3.2%.
