Acadia Realty Trust (NYSE:AKR)
$ 25.63 -0.22 (-0.85%) Market Cap: 3.07 Bil Enterprise Value: 4.67 Bil PE Ratio: 284.78 PB Ratio: 1.51 GF Score: 61/100
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Acadia Realty Trust at Citi Global Property CEO Conference Transcript

Mar 04, 2024 / 01:50PM GMT
Release Date Price: $16.75 (+0.12%)
Craig Allen Mailman
Citigroup Inc. Exchange Research - Research Analyst

Pleased to have with us Acadia Realty and CEO, Ken Bernstein. This session is for Citi clients only. If media or other individuals are on the line, please disconnect now. Disclosures are available on the webcast, at the AV desk. For those in the room or on the webcast, you can go to liveqa.com and enter code GPC24 to submit any questions if you do not want to raise your hand.

Ken, we're going to turn it over to you to introduce your team, your company, provide any opening remarks, tell the audience the top reasons an investor should buy your stock, and then we can get into Q&A.

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

Great. Good morning. Good to see everybody. Thank you for having us. I'm here with John Gottfried and Stuart Seeley. So let's get to it. First of all, in terms of 3 reasons to own Acadia, the way we think about it, we have peer-leading long-term internal growth that should exceed both inflation rate growth and GDP growth on a

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