Acadia Realty Trust (NYSE:AKR)
$ 25.1 0.02 (0.08%) Market Cap: 3.00 Bil Enterprise Value: 4.58 Bil PE Ratio: 278.89 PB Ratio: 1.48 GF Score: 63/100

Acadia Realty Trust at Citi Global Property CEO Conference Transcript

Mar 07, 2022 / 04:15PM GMT
Release Date Price: $21.26 (-3.28%)
Mary Kathleen McConnell
Citigroup Inc., Research Division - Research Analyst

Okay. Good morning, and welcome to the 11:15 session at Citi's Global Property CEO Conference. I'm Katy McConnell with Citi Research, and we're pleased to have with us Acadia Realty. Before we get started, this session is for Citi investing clients only. So if media or other individuals are on the line, please disconnect now. Disclosures are also available up on the webcast. (Operator Instructions)

And now, Ken, I will turn it over to you to introduce the team and company and provide some opening remarks.

Kenneth F. Bernstein
Acadia Realty Trust - President, CEO & Trustee

Thanks, Katie. Good morning.

Good to see everybody live and in person again. I'm here with John Gottfried, our CFO. And while I recognize many familiar faces, for those of you not familiar with Acadia, there are really 2 key areas of differentiation within open-air retail that we're focused on. First of all is we own a core portfolio that is heavily weighted towards street and urban assets in

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