Veris Residential Inc. recently shared a corporate presentation highlighting its strong financial and operating performance at the start of 2025. Key achievements include $60 million in non-strategic asset sales year-to-date and the acquisition of its partners' 15% stake in the Jersey City Urby, now rebranded as Sable. The company reported a Core FFO per diluted share of $0.16 and a 3.2% growth in Same Store NOI. Veris Residential Inc. also noted a net debt reduction of $71 million year-over-year for the first quarter of 2025 compared to the same period in 2024. You can access the full presentation through the link below.
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