Four major elements contribute to this projection according toinformation released by the company.·Same store NOI growth of5.5%·Acquisitions of $50 million at an average cap rate of9.5%·Dispositions of $7.5 million at a cap rate of 12%·A 12%increase in G & A due mainly to increased personnel costs.

Greater Washington-Baltimore area-based WRIT is aself-administered, self-managed, equity REIT investing in incomeproducing properties. Since its founding in 1960 it has acquired adiversified portfolio of 57 properties consisting of 10 retailcenters, 23 office properties, 15 industrial/flex properties andnine multi-family properties.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.