Oct 22, 2019 / 01:00PM GMT
Operator
Good morning, and welcome to the Agree Realty's Third Quarter 2019 Conference Call. (Operator Instructions) Please note this event is being recorded.
I would now like to turn the conference over to Joey Agree, President and CEO. Please go ahead, Joey.
Joel N. Agree - Agree Realty Corporation - President, CEO & Director
Thank you, operator. Good morning, everyone, and thank you for joining us for Agree Realty's Third Quarter 2019 Earnings Call.
Joining me this morning is Clay Thelen, our Chief Financial Officer.
I'm very pleased to report another extremely strong quarter of execution across all aspects of our business. Robust acquisition activity during the quarter was at the highest quality in our company's history.
A record 85.5% of acquired annualized ABR was derived from leading retailers with investment-grade credit rates.
During the quarter, we invested over $252 million in 74 high-quality retail net lease properties across our 3 external growth platforms. 68 of these properties were sourced through our
Q3 2019 Agree Realty Corp Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot