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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:02 EDTAHHArmada Hoffler to acquire Dimmock Square
Armada Hoffler Properties announced that it has entered into an agreement to acquire Dimmock Square, a retail power center located in Colonial Heights, Virginia. The acquisition of Dimmock Square will add over 100,000 square feet of 100% occupied retail space to the Company’s operating property portfolio. The agreement provides that the Company will acquire a 100% interest in Dimmock Square in exchange for approximately 990,000 units of limited partnership interest in the Company’s operating partnership and approximately $10M of cash. The acquisition is expected to be accretive to annual FFO per diluted share and is expected to close in Q3.
News For AHH From The Last 14 Days
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October 31, 2014
06:18 EDTAHHArmada Hoffler reports Q3 occupancy up to 95.1%, compared to 94.6% in Q2-end
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06:05 EDTAHHArmada Hoffler raises FY14 core FFO to $29M from $27.5M
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06:04 EDTAHHArmada Hoffler reports Q3 core FFO 22c, consensus 20c
Reports Q3 rental revenue $16.71M, consensus $16.16M; Reports Q3 total revenue $48.25M

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