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Urban Edge Properties (UE)

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Earnings summaries and quarterly performance for Urban Edge Properties.

Recent press releases and 8-K filings for UE.

Urban Edge Properties Upsizes Borrowing Capacity to $950 Million
UE
Debt Issuance
New Projects/Investments
  • Urban Edge Properties has increased its aggregate borrowing capacity by $150 million to $950 million through new unsecured credit facilities.
  • These facilities comprise a $700 million unsecured revolving credit facility, with its maturity extended to June 2030, and $250 million in delayed-draw term loans.
  • The $250 million in term loans consists of a $125 million 5-year loan maturing in June 2031 and a $125 million 7-year loan maturing in January 2033.
  • Borrowings bear interest at SOFR plus a spread, currently 1.00% for the revolving credit facility, 1.15% for the 5-year term loan, and 1.50% for the 7-year term loan. No amounts are currently drawn, with future proceeds earmarked for working capital to support growth.
Jan 22, 2026, 9:14 PM
Urban Edge Properties Reports Strong Q3 2025 Results and Raises Full-Year Guidance
UE
Earnings
Guidance Update
New Projects/Investments
  • Urban Edge Properties reported Q3 2025 FFO as adjusted of $0.36 per share and same property net operating income (NOI) growth of 4.7% for the quarter, bringing year-to-date FFO as adjusted growth to 7% and same property NOI growth to 5.4%.
  • The company raised its 2025 FFO as adjusted guidance by a penny at the midpoint to a new range of $1.42 to $1.44 per share, representing 6% growth over 2024 at the midpoint.
  • UE completed the $39 million acquisition of Brighton Mills, a grocery-anchored shopping center, funded by the sale of two non-core assets, as part of a capital recycling strategy that has involved nearly $600 million in acquisitions and $500 million in dispositions over the last two years.
  • Leasing activity in Q3 included 11 new leases totaling 82,000 square feet at an outsized 61% spread, primarily driven by new anchor leases with HomeGoods and Ross, contributing to an overall same property lease rate of 96.6%.
  • The company secured a new $123.6 million non-recourse mortgage at a fixed rate of 5.1% and maintains a strong liquidity position of over $900 million, including $145 million in cash.
Oct 29, 2025, 12:30 PM
Urban Edge Properties Reports Strong Q3 2025 Earnings and Raises Full-Year Guidance
UE
Earnings
Guidance Update
M&A
  • Urban Edge Properties delivered a strong Q3 2025, with FFO as adjusted of $0.36 per share and a 4% increase over the prior year's third quarter, bringing year-to-date growth to 7%. Same property net operating income (NOI) increased by 4.7% for the quarter and 5.4% year-to-date.
  • The company raised its 2025 FFO as adjusted guidance by a penny per share at the midpoint to a new range of $1.42 to $1.44 per share, representing 6% growth over 2024 at the midpoint. The implied fourth-quarter FFO is $0.36 per share.
  • Urban Edge completed the $39 million acquisition of Brighton Mills, a grocery-anchored shopping center, at a cap rate in the mid 5s, expecting annual NOI growth to exceed 3%. This acquisition was funded by the sale of Kennedy Commons and McDade Commons at a 5.4% cap rate.
  • Leasing activity in Q3 2025 included 11 new leases totaling 82,000 square feet at an outsized 61% spread, primarily driven by anchor leases with HomeGoods and Ross, and 20 renewals totaling 265,000 square feet at a 9% spread.
  • The company's signed-not-open (SNO) pipeline currently stands at $21.5 million, representing 7% of NLP, with $5.6 million in annualized gross rents commenced during the third quarter.
Oct 29, 2025, 12:30 PM
Urban Edge Properties Reports Strong Q3 2025 Results and Raises Full-Year Guidance
UE
Earnings
Guidance Update
M&A
  • Urban Edge Properties reported a 4% increase in FFO as adjusted over the third quarter of last year, bringing year-to-date growth to 7%, and same property net operating income increased by 4.7% for the quarter.
  • The company raised its 2025 FFO as adjusted guidance by a penny at the midpoint to a new range of $1.42-$1.44 per share, representing 6% growth over 2024 at the midpoint. Same property NOI growth guidance was also increased to a new midpoint of 5.25%.
  • UE completed the $39 million acquisition of Brighton Mills, a grocery-anchored shopping center, funded by the sale of two other properties. This continues a capital recycling strategy that has resulted in nearly $600 million of acquisitions at an average 7% cap rate and the disposal of approximately $500 million of non-core assets at a 5% cap rate over the last two years.
  • Leasing activity in Q3 2025 totaled 31 deals aggregating 347,000 sq ft, including 11 new leases at an outsized 61% spread (primarily driven by HomeGoods and Ross) and 20 renewals at a 9% spread.
  • The active redevelopment pipeline totals $149 million with a 15% projected yield, and the signed-not-open pipeline stands at $21.5 million, representing 7% of NOI, with $5.6 million in annualized gross rents commenced in Q3 2025.
Oct 29, 2025, 12:30 PM
Urban Edge Properties Reports Strong Q3 2025 Results and Raises Full-Year Guidance
UE
Earnings
Guidance Update
New Projects/Investments
  • Urban Edge Properties reported net income per diluted share of $0.12, FFO per diluted share of $0.40, and FFO as Adjusted per diluted share of $0.36 for the third quarter ended September 30, 2025.
  • The company raised its full-year 2025 FFO as Adjusted guidance to a range of $1.42 to $1.44 per diluted share, representing a $0.01 increase at the mid-point.
  • Same-property Net Operating Income (NOI) growth was 4.1% for the three months ended September 30, 2025, and 4.6% for the nine months ended September 30, 2025.
  • Shop leased occupancy stood at 92.5% as of September 30, 2025, an increase of 210 basis points compared to September 30, 2024.
  • On October 23, 2025, Urban Edge Properties acquired the Brighton Mills Shopping Center for $39 million, further expanding its footprint in the Boston area.
Oct 29, 2025, 11:00 AM
Urban Edge Properties Reports Strong Q3 2025 Results and Raises Full-Year Guidance
UE
Earnings
Guidance Update
M&A
  • Urban Edge Properties reported strong Q3 2025 financial results, with FFO as Adjusted per diluted share of $0.36 and net income per diluted share of $0.12.
  • The company raised its full-year 2025 guidance for FFO as Adjusted per diluted share to a range of $1.42 to $1.44, increasing the mid-point by $0.01.
  • Operational performance for Q3 2025 included 4.1% same-property Net Operating Income (NOI) growth and 347,000 sf of leasing transactions with an average cash spread of 20.6% on a same-space basis.
  • Urban Edge Properties completed the acquisition of Brighton Mills Shopping Center for $39 million on October 23, 2025, expanding its footprint in the Boston area.
  • As of September 30, 2025, the company maintained total liquidity of approximately $913 million.
Oct 29, 2025, 10:59 AM
Urano Energy Expands I-70 Uranium Project
UE
M&A
New Projects/Investments
  • Urano Energy Corp. acquired the past-producing Snow and Probe Uranium Mines from enCore Energy Corp., significantly expanding its I-70 Uranium Project.
  • This strategic acquisition increases Urano's total mineral rights by approximately 60% at the I-70 Uranium Project, adding 599 acres contiguous with its existing holdings.
  • The acquired properties have a history of production, with Atlas Corp. producing approximately 935,000 lbs. U3O8 from 1973–1982, and a reported remaining historical resource estimate of 295,534 lbs. U3O8 at an average grade of 0.23% U3O8.
  • Urano Energy paid $65,980.60 CAD in cash and issued $200,000 CAD of common shares for the acquisition.
  • The acquisition strengthens Urano's uranium inventory and positions the company to advance its portfolio toward NI 43-101 compliance, leveraging existing permits for small-scale underground mining.
Oct 27, 2025, 11:00 AM