SITC

#3737
SITE Centers Corp. Common Stock
2.9 6 USD
-0.01%
Market Price
Settore: Immobiliare
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
2.96
2.98
Intervallo Annuale
2.89
6.69
Variazione giornaliera
-1.33%
Variazione Mensile
-10.84%
Variazione di 6 mesi
-50.99%
Variazione Annuale
-54.74%
Chiusura Precedente
3.0 0
Open
2.9 6
Minimo
2.9 6
Massimo
2.9 8
Volume
57
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Dividendi Documents

2026

Current report, Q3 FY2026
SITE Centers Corp. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
SITE Centers Corp. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
SITE Centers Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
SITE Centers Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
SITE Centers Corp. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
SITE Centers Corp. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
SITE Centers Corp. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
SITE Centers Corp. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
SITE Centers Corp. current report, Q1 FY2026
8-K

2025

Annual report, FY2025
SITE Centers Corp. annual report, FY2025
10-K

SITE Centers Corp. current report, Q2 FY2024

Full document

Business Context and Reporting Period

Company: SITE Centers Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: June 13, 2024
Event: Completion of a strategic asset disposition involving the sale of six shopping center properties to an affiliate of Pine Tree.

Key Financial Metrics

Transaction Value: $495 million in cash (subject to closing adjustments for pro-rations, allocations, and credits).
Assets Sold: Interests in Arrowhead Crossing (Phoenix, AZ), Easton Market (Columbus, OH), The Fountains (Miami, FL), Kenwood Square (Cincinnati, OH), Polaris Towne Center (Columbus, OH), and Tanasbourne Town Center (Portland, OR).
Assets Retained: Specific parcels totaling approximately 93,607 square feet of gross leasable area (GLA) at The Fountains, Polaris Towne Center, and Tanasbourne Town Center.
Financial Impact: The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the reporting period.

Material Changes

  • Portfolio Reduction: The Company divested six major regional shopping centers, significantly altering its asset composition.
  • Spin-Off Preparation: Retained parcels from the sold properties are explicitly designated for inclusion in the anticipated spin-off of Curbline Properties Corp. ("Curbline").
  • Liquidity Event: The transaction generated approximately $495 million in cash proceeds, pending final adjustments.

Outlook, Risks, and Management Commentary

Forward-Looking Statements: The filing includes a Safe Harbor statement regarding expectations for future periods, noting that actual results may differ materially due to various factors.
Key Risks:

  • Ability to complete the spin-off of Curbline Properties Corp. in a timely manner or at all.
  • Final composition of the spin-off portfolio.
Management Commentary: The transaction was previously announced and executed as planned, with specific exclusions made to facilitate the Curbline spin-off strategy.

Investor Verification Checklist

  • Verify the final adjusted sale price after closing pro-rations and credits.
  • Confirm the timeline and regulatory approval status for the Curbline Properties Corp. spin-off.
  • Review the specific lease terms and tenant mix of the retained 93,607 square feet of GLA.
  • Assess the impact of the $495 million cash inflow on the Company's debt reduction strategy or capital allocation plans.

Notizie