Acadia Realty Trust (AKR)
Acadia Realty Trust operates in the REIT - Retail industry of the Real Estate sector, headquartered in Rye, NY, US. The stock last traded at $19.24, up 0.16% on the session, giving a market capitalisation of $2.64B. On trailing twelve-month figures it carries a trailing P/E of 55.80, a net margin of 13.6%. Its beta of 1.11 implies it has historically moved more than the broad market.
Acadia Realty Trust functions as an equity real estate investment trust, committed to achieving sustained, long-term profitability. It accomplishes this through a distinctive two-pronged operational framework—its Core Portfolio and its Fund platform—all guided by a rigorous, strategically focused investment approach. The trust builds a top-tier core real estate portfolio by concentrating assets in America's most dynamic urban areas, while simultaneously undertaking lucrative opportunistic and value-enhancing investments via its managed suite of institutional funds. This strategy is further bolstered by the maintenance of a strong financial position.
Acadia Realty Trust is most often compared with the following Real Estate names: