Ein Mann liest Wirtschaftsnachrichten (Symbolbild).
Dienstag, 08.02.2022 16:15 von | Aufrufe: 127

Healthpeak Reports Fourth Quarter and Year Ended 2021 Results

Ein Mann liest Wirtschaftsnachrichten (Symbolbild). pixabay.com

PR Newswire

DENVER, Feb. 8, 2022 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2021.

 FOURTH QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS   

–      Net income of $0.05 per share, Nareit FFO of $0.41 per share, FFO as Adjusted of $0.41 per share, and blended Total Same-Store Portfolio Cash (Adjusted) NOI growth of 2.7%

  • Life Science and MOB Same-Store Portfolio Cash (Adjusted) NOI growth of 5.4% and 3.6%, respectively
  • Total pro forma Same-Store Portfolio Cash (Adjusted) NOI growth of 4.0% excluding government grants received under the CARES Act at our CCRC properties

–      Life science development leasing:

  • Pre-leased all 148,000 square feet at Nexus on Grand in South San Francisco
  • Active life science developments 76% pre-leased as of the end of the fourth quarter

–      Additional life science development pipeline opportunities:

  • Acquired a combined ten acre parcel in the Sorrento Mesa submarket of San Diego
  • Acquired a joint venture interest in a nine acre land parcel located in the Needham submarket of Boston

–      Balance sheet:

  • In November, issued $500 million of 2.125% senior unsecured notes in a green bond offering
  • Pro forma net debt to adjusted EBITDAre of 5.3x as of December 31, 2021, including $316 million of net proceeds from the future expected settlement of shares sold under equity forward contracts through the Company's ATM program during the third quarter of 2021

–      Promoted Scott Bohn to Executive Vice President – Co-Head of Life Science


ARIVA.DE Börsen-Geflüster

Kurse

-  
0,00%
HCP Chart
PEAK RESORTS INC. (MO.) Chart

–      The Board of Directors declared a quarterly common stock cash dividend of $0.30 per share to be paid on February 22, 2022, to stockholders of record as of the close of business on February 11, 2022

–      Recent ESG recognitions include being named to the CDP Leadership band for the ninth consecutive year; included in the S&P Global Sustainability Yearbook for the seventh consecutive year and Bloomberg Gender-Equality Index for the third consecutive year; and named a Top-Rated Industry Performer and Top-Rated Regional Performer by Sustainalytics for the first time

 FULL YEAR 2021 HIGHLIGHTS   

–      Net income of $0.93 per share, Nareit FFO of $1.12 per share, FFO as Adjusted of $1.61 per share, and blended Total Same-Store Portfolio Cash (Adjusted) NOI growth of 4.4%

  • Life Science and MOB Same-Store Portfolio Cash (Adjusted) NOI growth of 7.2% and 3.1%, respectively
  • Total pro forma Same-Store Portfolio Cash (Adjusted) NOI growth of 4.9% excluding government grants received under the CARES Act at our CCRC properties

–      Closed $1.5 billion of acquisitions including:

  • $658 million of life science acquisitions
  • $834 million of medical office acquisitions

–      Development: 

  • Commenced four life science development projects totaling approximately 839,000 square feet, representing $812 million of estimated total spend
  • Signed 729,000 square feet of life science and MOB development leasing during 2021

–      Closed $3.3 billion of dispositions including:

  • $3 billion of senior housing sales and loan repayments, bringing total senior housing dispositions to approximately $4 billion since July 2020
  • $300 million of other non-core sales

–      Balance sheet: 

  • Issued $950 million of senior unsecured notes across multiple green bond offerings at a weighted average coupon of 1.76%
  • Using proceeds from senior housing sales, repaid $2 billion of senior unsecured notes with maturities ranging from 2023 to 2025 with a weighted average coupon rate of 3.95%

–      Earned numerous ESG recognitions in 2021. We were short-listed for Best Proxy Statement by IR Magazine and Corporate Secretary for the second consecutive year; were named a constituent in the FTSE4Good Index, as well as received a Green Star rating from the Global Real Estate Sustainability Benchmark (GRESB), for the tenth consecutive year; were named to CDP's Leadership band, as well as listed in S&P Global's North America Dow Jones Sustainability Index, for the ninth consecutive year; were listed in S&P Global's Sustainability Yearbook for the seventh consecutive year; were named to the Bloomberg Gender-Equality Index, 3BL Media's 100 Best Corporate Citizens list, and Newsweek's America's Most Responsible Companies list for the third consecutive year; maintained a rating of "Prime" by ISS ESG Corporate Rating; and were named a Top-Rated Industry Performer and Top-Rated Regional Performer by Sustainalytics for the first time

 

FOURTH QUARTER COMPARISON


Three Months Ended December 31, 2021


Three Months Ended December 31, 2020


(in thousands, except per share amounts)

Amount


Per Share


Amount


Per Share


Net income, diluted

$    28,493


$       0.05


$  146,129


$       0.27


Nareit FFO, diluted

222,101


0.41


176,477


0.32


FFO as Adjusted, diluted

222,730


0.41


220,525


0.41


AFFO, diluted

175,941




190,991




 

 FULL YEAR COMPARISON


Year Ended

December 31, 2021


Year Ended

December 31, 2020


(in thousands, except per share amounts)

Amount


Per Share


Amount


Per Share


Net income, diluted

$  502,271


$       0.93


$  411,147


$       0.77


Nareit FFO, diluted

610,888


1.12


700,029


1.30


FFO as Adjusted, diluted

879,222


1.61


880,678


1.64


AFFO, diluted

734,034




779,367




 

Nareit FFO, FFO as Adjusted, AFFO, Same-Store Cash (Adjusted) NOI, Net Debt to Adjusted EBITDA are supplemental non-GAAP financial measures that we believe are useful in evaluating the operating performance and financial position of real estate investment trusts (see the "Funds From Operations" and "Adjusted Funds From Operations" sections of this release for additional information). See "December 31, 2021 Discussion and Reconciliation of Non-GAAP Financial Measures" for definitions, discussions of their uses and inherent limitations, and reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP in the Investor Relations section of our website at http://ir.healthpeak.com/quarterly-results

SAME-STORE ("SS") OPERATING SUMMARY

The table below outlines the year-over-year three-month and full year SS Cash (Adjusted) NOI growth on an actual and pro forma basis. The Pro Forma table reflects the results excluding government grants under the CARES Act for our CCRC portfolio.

Actual


Year-Over-Year Total SS Portfolio Cash (Adjusted) NOI Growth



Three Month


Full Year



SS Growth %

% of SS


SS Growth %

% of SS


Life science

5.4%

47.3%


7.2%

49.3%


Medical office

3.6%

40.9%


3.1%

47.8%


CCRC(1)

(9.6%)

11.8%


(17.1%)

Werbung

Mehr Nachrichten zur HCP Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News