SITE Centers Corp. (SITC) Reports Q4 FFO of $0.31

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Go back to SITE Centers Corp. (SITC) Reports Q4 FFO of $0.31

SITE Centers Reports Fourth Quarter and Full-Year 2021 Operating Results

February 9, 2022 6:30 AM EST

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers located in suburban, high household income communities, announced today operating results for the quarter and year ended December 31, 2021.

Fourth quarter and full-year 2021 results were ahead of expectations on almost every front with record new leasing activity and above-guidance investment volume funded, in part, by proceeds from the $190 million of preferred dividends paid to SITE Centers by Retail Value Inc., commented David R. Lukes, President and Chief Executive Officer. We believe the elevated levels of demand for space at our... More