JBG SMITH reported a net loss attributable to common shareholders of $22.8 million, or $0.18 per diluted share. Core FFO attributable to common shareholders was $40.2 million, or $0.30 per diluted share. Same Store NOI decreased 4.4%.
Rent collections remained stable for office and residential, but retail collections were significantly lower.
The company is focused on advancing growth plans, particularly in National Landing.
Amazon's hiring and investment in its new headquarters continue to grow.
The company is advancing the entitlement and design of strategic development opportunities.
JBG SMITH is well positioned to benefit from Amazon's new headquarters, the Virginia Tech Innovation Campus, and connectivity investments in National Landing.
Visualization of income flow from segment revenue to net income
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