SITCNYSEReal Estate Investment TrustsUS GAAP · USD

SITE Centers Corp.

SITE Centers Corp. is a U.S.-based real estate investment trust that owns, leases, redevelops, and manages shopping centers. The company operates through a portfolio of retail properties and joint ventures, with its headquarters in Ohio and a focus on neighborhood and community shopping assets.

Kysy yhtiöstä
Liikevaihto124milj. USD
−55,4 %v/v
Nettotulos178milj. USD
−66,6 %v/v
Vapaa kassavirta19,6milj. USD
−82,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

0200400600milj. USD2020: 460 milj. USD2020: EBIT 322 milj. USD20202021: 533 milj. USD2021: EBIT 322 milj. USD20212022: 552 milj. USD2022: EBIT 322 milj. USD20222023: 546 milj. USD20232024: 277 milj. USD20242025: 124 milj. USD2025124
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: SITE Centers Corp.

Liiketoiminta

Osuus liikevaihdosta
Shopping center ownership70 %

Income-producing retail properties held for long-term leasing and operation.

Retail leasing20 %

Rental space leased to national and regional retailers across the portfolio.

Redevelopment and capital projects5 %

Property redevelopment and repositioning projects that improve tenant mix and asset quality.

Property management and fee income5 %

Management, transaction, and other fee-based income from properties and ventures.

Tuotteet

Raportoitu · osuus liikevaihdosta
46,0%26,8%26,7%FY2025100 %
  • Condemnation Proceeds46,0 %
  • Asset and Property Management Fees26,8 %
  • Shared Services Fee26,7 %
  • Other0,5 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

SITE Centers serves retail tenants that need physical storefronts in shopping centers, especially national and regional merchants seeking high-traffic locations. Its tenant base also includes businesses that benefit from proximity to grocery, service, and convenience-oriented retail. Revenue is driven by leasing demand, tenant retention, and the ability to re-lease space when leases expire.

National retail tenants

Large chains leasing inline and anchor-adjacent space across the portfolio for brand visibility and traffic.

Regional and local tenants

Smaller retailers and service providers leasing space in community shopping centers for local demand.

Redevelopment and repositioning tenants

Tenants that enter properties undergoing redevelopment or re-tenanting to support asset repositioning.

Joint venture partners

Partners in unconsolidated shopping center ventures that share ownership and economics.

Strategia

SITE Centers’ strategy centers on owning and managing shopping centers, redeveloping selected assets, and monetizing or repositioning properties where appropriate. The company also uses joint ventures and service agreements to manage assets and support related real estate interests, while maintaining flexibility around portfolio composition.

Redevelop and reposition shopping centersKeskipitkä aikaväli

Improves asset quality and supports tenant retention in a competitive retail market.

Manage portfolio composition through dispositionsLyhyt aikaväli

Allows capital recycling and reduces exposure to weaker assets or markets.

Preserve tenant relationships and occupancyLyhyt aikaväli

Leasing performance depends on renewals, re-leasing, and tenant mix.

Maantiede

SITE Centers is headquartered in Ohio and operates shopping centers across the United States. Its portfolio is geographically diversified within U.S. retail markets, with properties and joint ventures spread across multiple states rather than concentrated in a single region. The company also owns office buildings in Beachwood, Ohio that support its headquarters footprint.

Riskit

SITE Centers faces typical retail-REIT risks tied to tenant demand, lease renewals, and competition from other shopping venues and e-commerce. Company-specific risks also include asset impairment, difficulty selling remaining investments, and obligations tied to its relationship with Curbline Properties and shared services arrangements.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Lease rollover and renewal risk1E-commerce substitution2Asset impairment charges3Disposition execution risk4Curbline-related contractual and conflict risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Lease rollover and renewal riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A meaningful portion of leased GLA expires in 2026, and renewals may occur at lower rents or not at all.

    Kohdistuu: Retail shopping centers

  2. E-commerce substitutionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Online retail can reduce tenant space needs and weaken demand for physical stores.

    Kohdistuu: Shopping center leasing

  3. Asset impairment chargesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Lower occupancy, weaker cash flows, or adverse market conditions can trigger write-downs.

    Kohdistuu: Real estate portfolio

  4. Disposition execution riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company may have difficulty selling remaining investments at attractive prices.

    Kohdistuu: Portfolio monetization

  5. Curbline-related contractual and conflict riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Shared services and separation agreements can create ongoing obligations and potential conflicts.

    Kohdistuu: Post-spin-off arrangements

Kysy Clarifolta: SITE Centers Corp.

Kirjanpito

Harkinnanvaraiset erät
Real estate impairment assessment

Management must estimate future cash flows, hold periods, and fair values for properties.

Vaikutus: Can create large non-cash charges when assumptions weaken

Disposition accounting

Gains from property sales can be significant and vary period to period.

Vaikutus: Affects earnings volatility and comparability

Joint venture accounting

Unconsolidated ventures affect fee income, equity method earnings, and leverage exposure.

Vaikutus: Changes reported income and asset base

Redevelopment cost estimates

The company must estimate completion costs and recoverability for ongoing projects.

Vaikutus: Can affect capitalized assets and impairment conclusions

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

The Macerich Company

MAC · Real Estate Investment Trusts

Curbline Properties Corp.

CURB · Real Estate

Kite Realty Group Trust

KRG · Real Estate Investment Trusts

Tanger Inc

SKT · Real Estate Investment Trusts

Saul Centers, Inc

BFS · Real Estate Investment Trusts

J. W. Mays, Inc

MAYS · Opeators of Nonresidential Buildings

Päivitetty: 24.9.2026

SITE Centers Corp. (SITC) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo