year and Realty Postal Trust XXXX And quarter afternoon. Good joining for earnings call. you full thank fourth
you we hope we acknowledge results, not and coronavirus your and are would Before safe that families its the did healthy. impact. discussing remissed pandemic be if We and our
to a to imposed policy social practice Like and and distancing. help healthy, employees from have home of corporate America, the to support government's keep we our work safe much request
to have work situations the in infrastructure as remotely these. functioning and place unseen such technology fully are and We for
the time, have running, operations tenant, Postal Service. kept our sole this During we our much like
of from home, the the many and while not. flexibility us luxury However, have Postal does Service to work
these open This providing mail last ultimate properties home, rental U. no staying they the down. on we even comfort no during that important these business for times Service in when agency we vital payer even interruption be the delivery interruption, mindful government are It plan of given have people usual. this the Because like and and Ironically, result, services. are is like more, be at as rent is and revenue that uninterrupted service that is mile of such postal to a we our and also has the relying of busier than Postal occupant uncertain may anticipate Government. the times critical no slowing anticipate sole daily, S.
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of the impetus stream revenue the for certainty this Realty. Postal is that It recurring as formation of a served
and consistent and that the properties the back know the business goes postal our several pays times. bad in that the nature in decades. shared We Service past, good have Postal with its the rent I of As and experience stable
the particularly on higher, Our the our not dislocation could our strength the model be business of conviction value in of after shares.
in market open shareholders. aligning with In fact, have further XXbX-X to plan, pursuant my I myself acquired the purchase shares
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In grown. growth, has as twice on platform revenue raised our we dividend our addition, reflecting our
work to continue in dividend in of per unit our have what share targets toward with consistent common $X.X roadshow. achieving We we communicated our IPO
provides it target that to However, important in continue is our that to keep in achieving close to acquisition. mind ability
acquisition may respect to forward, environment delays program current So due our meeting hard target. working our move timing impact while the the that we are with to to
XX% of long historical owners, U. over our our sector us it’s backed that business stream believe and as for presents occupied XXX% term. postal S. opportunity The we is and the stable. government, an lease over said, fragmented With by credit is the a is rate. portfolio properties XX,XXX rental constant of individual of the properties highly and postal owned attractive The renewal with this by
consolidation units well use to provides Our to currency. us complete the ability quickly thesis provide with a as tax partnership and as operating the cash deferral ability of as efficiently, transaction the
and dividend should be $XX in of agency participation owners electing an stream used units $XX and OP our at S. revenue at history, markets. diversification, our priced OP we acquisition believe largest of continue of continue transactions. best see relief in given pipeline the earning. future million by approximately significantly we level opportunities, grow we completed secured U. in how accretive near government. Current we largest benefit in assess With term year-to-date It disruption a the management noted we from also successfully we the have units to navigate seeing its two transactions the Though to backed property can from in to acquisitions our macro are capital a duty
the However, current our point, state manner. acquisition given of the be will majority a economy, weighted XXXX. in prudent we expect will we towards of that latter To approach the growth of the part
progresses. only with Jeremy Given our progress U. S. forward the of quarter to as confident credit now I and results. rating sharing the Postal tenants, will about the over our look we our to turn call the Service, our discuss fourth remain to you year prospects
