EastGroup Properties Inc (MEX:EGP)
MXN 2922.39 0 (0%) Market Cap: 151.37 Bil Enterprise Value: 181.81 Bil PE Ratio: 37.66 PB Ratio: 3.13 GF Score: 94/100

Eastgroup Properties Inc at NAREIT REITweek: Investor Conference Transcript

Jun 06, 2023 / 01:30PM GMT
Jing Xian Tan Bonnel
BofA Securities, Research Division - REIT Analyst

Good morning. I'm Camille Bonnel, a senior REIT analyst at Bank of America. And I'm excited to be here with EastGroup's President and CEO, Marshall Loeb, to my right. And to his right, we also have Brent Wood, the CFO.

For many of you who are joining us for the first time, EastGroup is a $7 billion REIT market cap rate, operating primarily multi-tenanted industrial buildings in infill Sunbelt markets.

Marshall, I'll hand it to you to go over the company's strategy and any opening remarks before we go into Q&A.

Marshall A. Loeb
EastGroup Properties, Inc. - President, CEO & Director

Okay. Thank you, Camille, and thank you, everyone, for your time and interest in EastGroup. Camille's description was accurate. We've been around about 40 years. I hope this audio is okay or -- okay. And we're Sunbelt industrial. Our properties kind of -- some investors will say smile states, California, Arizona, Texas, Florida up through the Carolinas. And then we're last-mile shallow

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