First Industrial Realty (FR) Tops Q4 EPS by 17c
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First Industrial Realty Trust Reports Fourth Quarter and Full Year 2024 Results
February 5, 2025 4:28 PM EST2025 NAREIT FFO Guidance Initiated at a Range of $2.87 to $2.97 Per Share/Unit, Approximately 10% Growth at the MidpointIncreased First Quarter 2025 Dividend to $0.445 Per Share, a 20.3% IncreaseSigned 4.7 Million Square Feet of Development Leases in 2024 Inclusive of Joint Venture, Second Highest Annual Total Since 2012; 1.4 Million Square Feet Signed in the Fourth QuarterCash Rental Rates Up 50.8%, Second Consecutive Annual Increase Greater Than 50%33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 42% Increase Excluding 1.3 Million Square-Foot Fixed-Rate RenewalCash... More
