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Kwarkot/iStock through Getty Photographs
Realty Revenue (NYSE:O) mentioned Monday it invested ~$1.8B in properties and properties beneath growth or enlargement in Q3 2022, bringing its year-to-date funding to $5.0B.
In contrast, in Q2 the corporate invested $1.68B in properties and properties beneath growth or enlargement.
In the course of the quarter, Realty Revenue (O) raised ~$0.7B of gross from proceeds from the sale of frequent inventory at a weighted common worth of $73.05 per share. As of Sept. 30, 2022, there have been ~20.0M of shares of frequent inventory topic to ahead sale agreements by means of its at-the-market program, representing ~1.3B in gross proceeds.
As of Sept. 30, the corporate has has and money equal steadiness of $168.1M together with £9.0M denominated in kilos sterling and €9.2M denominated in euro.
As well as Realty Revenue (O) had $1.2B of excellent borrowings beneath its revolving credit score facility, comprised of €1.22B denominated in euro, and $724.3M of excellent borrowings beneath its industrial paper applications, together with €511.0M of euro-denominated borrowings.
Realty Revenue (O) shares have risen 0.9% in Monday midmorning buying and selling.
In August, the corporate lifted its 2022 steering after Q2 income earnings beat consensus estimates.
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