Credit Suisse Upgrades Equity One Inc. (EQY) to Neutral
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Equity One Reports First Quarter 2015 Operating Results
April 29, 2015 4:00 PM EDTNEW YORK--(BUSINESS WIRE)-- Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today its financial results for the three months ended March 31, 2015.
We are extremely pleased with the strong fundamentals generated this quarter by our repositioned portfolio, including robust same-property NOI growth, higher occupancy, average base rent for the portfolio now at $18.70 per square foot, and ongoing redevelopment progress, said David Lukes, CEO. We continue to advance our redevelopment pipeline and have established plans, subject to municipal approvals, for an expansion of Serramonte Center including the addition of... More
