KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Land & Improvements (2016 - 2023)

Veris Residential's Land & Improvements history spans 14 years, with the latest figure at $70.7 million for Q3 2023.

  • For Q3 2023, Land & Improvements rose 419.85% year-over-year to $70.7 million; the TTM value through Sep 2023 reached $70.7 million, up 419.85%, while the annual FY2022 figure was $13.6 million, 80.23% down from the prior year.
  • Land & Improvements for Q3 2023 was $70.7 million at Veris Residential, up from $63.5 million in the prior quarter.
  • Across five years, Land & Improvements topped out at $108.8 million in Q2 2019 and bottomed at $500000.0 in Q2 2020.
  • The 5-year median for Land & Improvements is $68.8 million (2021), against an average of $56.7 million.
  • The largest annual shift saw Land & Improvements plummeted 99.54% in 2020 before it skyrocketed 14760.0% in 2021.
  • A 5-year view of Land & Improvements shows it stood at $96.6 million in 2019, then fell by 22.46% to $74.9 million in 2020, then decreased by 8.14% to $68.8 million in 2021, then tumbled by 80.23% to $13.6 million in 2022, then soared by 419.85% to $70.7 million in 2023.
  • Per Business Quant, the three most recent readings for VRE's Land & Improvements are $70.7 million (Q3 2023), $63.5 million (Q2 2023), and $13.6 million (Q1 2023).