Healthpeak Properties reported a full-year net income drop to $0.56 per share, while Nareit FFO and FFO as Adjusted increased, and total same-store portfolio cash NOI grew by 4.

Healthpeak Properties Inc (PEAK) has reported a net income of $0.56 per share for the full year 2023, a decrease from the previous year's $0.92 per share, but it experienced growth in Nareit FFO increasing to $1.79 per share from $1.66 per share year-over-year, and FFO as Adjusted rose slightly to $1.78 per share compared to $1.74 per share in the prior year. AFFO also increased to $1.53 per share from $1.45 per share year-over-year. The company's balance sheet remains robust with net real estate assets totaling approximately $13 billion.

February 08, 2024
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