U

Urban Edge Properties
D

UE

20.180
USD
-0.13
(-0.64%)
Market Closed
Volume
48,526
EPS
0
Div Yield
0
P/E
9
Market Cap
2,757,317,786
News

Title: Urban Edge Properties

Sector: Real Estate
Industry: REIT - Retail
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through thecollection of rent from a large number of tenants.