Vesta Earnings Reports

Vesta achieved a 16.5% year-over-year increase in revenue, reaching $65.2 million for Q4 2024. Adjusted NOI and EBITDA margins remained high at 93.5% and 82.7%, respectively. Leasing activity was robust, with 1.6 million square feet leased, driving increased occupancy. The company also closed a $545 million syndicated sustainable credit facility to support future growth.