Plymouth Industrial REIT Sees FY24 Core FFO $1.88-$1.92
$PLYM
Real Estate Investment Trusts
Real Estate
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 | 45,880 | 45,880 | |||||