Veris Residential Inc. reported third quarter 2025 results with net income per diluted share of $0.80, up from $0.10 net loss per diluted share in the third quarter of 2024. Core FFO per diluted share rose to $0.20 from $0.17 in the same period last year. Core AFFO per diluted share remained steady at $0.19. The dividend per diluted share increased to $0.08 from $0.07 in the prior-year quarter. Year to date, the company completed or had under contract $542 million in non-strategic asset sales. Same store blended net rental growth rate was 3.9% for the quarter and 3.5% year to date. Same store NOI grew 1.6% year to date. Occupancy excluding Liberty Towers was 95.8%, and same store occupancy, including Liberty Towers, was 94.7%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veris Residential Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY04385) on October 22, 2025, and is solely responsible for the information contained therein.
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