EastGroup Properties Announces Business Updates
JACKSON, Miss. , Sept. 3, 2020 |PRNewswire| -- EastGroup Properties, Inc. (NYSE: EGP ) (the "Company", "EastGroup" or "we") announced today that in light of the current COVID-19 pandemic, the Company is providing an update on its portfolio occupancy, rent collections, rent relief requests, common stock offering activity and upcoming investor relations events. As previously reported in the Company's press release on July 28, 2020 , COVID-19 did not have a material adverse impact on the Company's revenues during the first six months of 2020. The updates contained herein provide information on the impacts to date during the third quarter of 2020. EastGroup's operating portfolio was 97.3% leased and 96.5% occupied as of August 31 , 2020. As of September 3, 2020 , the Company's rent collection and rent payment deferral status was as follows: Month in Year 2020 (1) % of Rent Collected % of Rent Deferred to Future Period Full story available on Benzinga.com
EastGroup Properties Announces Business Updates
JACKSON, Miss. , Sept. 3, 2020 |PRNewswire| -- EastGroup Properties, Inc. (NYSE: EGP ) (the "Company", "EastGroup" or "we") announced today that in light of the current COVID-19 pandemic, the Company is providing an update on its portfolio occupancy, rent collections, rent relief requests, common stock offering activity and upcoming investor relations events. As previously reported in the Company's press release on July 28, 2020 , COVID-19 did not have a material adverse impact on the Company's revenues during the first six months of 2020. The updates contained herein provide information on the impacts to date during the third quarter of 2020. EastGroup's operating portfolio was 97.3% leased and 96.5% occupied as of August 31 , 2020. As of September 3, 2020 , the Company's rent collection and rent payment deferral status was as follows: Month in Year 2020 (1) % of Rent Collected % of Rent Deferred to Future Period Full story available on Benzinga.com