Plymouth Industrial REIT Sees FY24 Core FFO $1.88-$1.92
Author: Benzinga Newsdesk | February 21, 2024 06:05pm
Guidance for 2024
Plymouth issued its full year 2024 guidance ranges for net loss and Core FFO per weighted average common share and units as well as the accompanying guidance assumptions, which can be found in the tables below.
(Dollars, shares and units in thousands)
Full Year 2024 Range1
Low
High
Core FFO attributable to common stockholders and unit holder per share
$
1.88
$
1.92
Same Store Portfolio NOI growth – cash basis2
7.00%
7.50%
Average Same Store Portfolio occupancy – full year
97.5%
98.5%
General and administrative expenses3
$
15,650
$
15,150
Interest expense, net
$
37,650
$
37,150
Weighted average common shares and units outstanding4