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Empire State Realty Trust Announces Third Quarter Results Focused on Capital Recycling and Operational Efficiency

The Motley Fool +1 · ·by G4L

ESRT
ESRT Empire State Realty Trust Inc
$5.22 -0.19%
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  1. 1Empire State Realty Trust, Inc. recorded a sale price of $217,500,000 for 1359 Broadway.
  2. 2Empire State Realty Trust, Inc. achieved $85,800,000 in share repurchases from July 30, 2026, to November 2, 2026.
  3. 3Empire State Realty Trust, Inc. maintained a commercial portfolio occupancy rate of 95.6% at the end of the quarter.

So what's the key point?

Empire State Realty Trust, Inc. sold buildings and repurchased its own shares. The company also operated efficiently by maintaining a high occupancy rate of 95.6% for its rental properties.

Source The Motley Fool +1 · View original ↗

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