SITE Centers Corp. (SITC) Reports Q1 FFO of $0.29

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Go back to SITE Centers Corp. (SITC) Reports Q1 FFO of $0.29

SITE Centers Reports First Quarter 2022 Operating Results

April 26, 2022 6:30 AM EDT

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 ended March 31, 2022.

SITE Centers had an excellent start to the year with another quarter of record new leasing activity as compared to the last 5 years and the deployment of the remaining 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. Looking forward, our portfolio is well positioned across our... More