Sees core FFO excluding Net Promote Income $5.50-$5.64. Sees FY24 Cash Same Store NOI 8.00%-9.00% and Average occupancy 96.50%-97.50%. “At the midpoint, we project Core FFO growth, excluding promotes, of over 9.0%, and Cash Same Store NOI growth to be 8.5%, reflecting the strength of our premier portfolio and its considerable lease mark-to-market,” said Timothy D. Arndt, CFO. “We are confident in our ability to outperform in any future environment given our embedded rent upside, development-ready land bank and significant liquidity.”
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