Veris Residential Inc - Company Profile
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Veris Residential Inc (Veris) is a real estate investment trust (REIT).Cash position, property portfolio and business performance of multi-family real estate & services segment are the company’s key strengths, even as increasing trade receivables remains a cause for concern. Positive outlook for construction industry in US, and improvement in US Housing Markets could provide growth opportunities to the company. However, inability to collect rent from tenants, real estate regulations in US and increasing manpower costs in US could affect the company’s operations.
Strengths
- Business Performance – Multi-Family Real Estate & Services Segment
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Weaknesses
Opportunities
Threats
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