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Stock impact report

Getty Realty Corp. Provides 2024 Business Update

Getty Realty Corporation (GTY) 
Last getty realty corporation earnings: 2/26 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.gettyrealty.com/presentations
Company Research Source: GlobeNewswire
- Invested More Than $200 Million in Convenience and Automotive Retail Assets - - Introduces 2025 Earnings Guidance - NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, today provided an update on the Company’s fourth quarter and full year 2024 investment and capital markets activities. The Company also provided its initial full year 2025 earnings guidance. 2024 Highlights Invested approximately $209 million in convenience and automotive retail assets at an 8.3% initial cash yield, including approximately $76 million at an 8.9% initial cash yield in the fourth quarter.Raised approximately $289 million of new equity and debt capital, including approximately $32 million of forward equity through the Company’s at-the-market ("ATM") equity program and $125 million of previously announced unsecured notes in the fourth quarter. “I’m very pleased with our perf Show less Read more
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