Armada Hoffler Q2 FFO Falls
Armada Hoffler Properties (NYSE:AHH), a real estate investment trust focused on high‑quality mixed‑use properties in the Mid‑Atlantic and Southeast, reported earnings for Q2 2025 on August 4, 2025. The most notable result: normalized FFO per diluted share was $0.25, far exceeding analyst expectations of $0.035. However, total revenue decreased to $101.3 million from $184.7 million year over year, mainly due to weakness in the construction business. Occupancy across the property portfolio stayed high, and leasing spreads remained positive, with retail renewal spreads of 10.8% (GAAP) and 5.5% (Cash), and office renewal spreads of 11.7% (GAAP) and 5.5% (Cash), supporting steady rental income. Overall, the quarter showed operational strength in the core property business, offset by declines in construction activity and a continued focus on stabilizing the company’s financial position.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Armada Hoffler acquires, develops, owns, and manages a portfolio that spans office, retail, and multifamily (apartment) properties. Its assets are primarily located in the Mid‑Atlantic and Southeastern United States, with an emphasis on projects that mix residential, office, and retail spaces.
Source Fool.com
