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Acadia Realty Trust reports results

October
25

Acadia Realty Trust, a real estate investment trust in White Plains, earned 12 cents a share in the third quarter ended Sept. 30, compared to 20 cents a share a year ago. Funds from operations, a widely accepted measure of a trust’s performance, was $10 million, or 30 cents a share. A year ago, the figure was $9.9 million, or 30 cents a share. Acadia specializes in shopping centers anchored by grocery and value-priced stores. Occupancy in the quarter was 93 percent.

This entry was posted on Wednesday, October 25th, 2006 at 6:26 pm by Julie Moran Alterio.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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