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Stock Report | sumptuous 6, 2009 | Symbol: GTY(NYSE) Getty Realty Corp. alert By:Jie Gao(Jenny), Sheng-kai(Scott) Hsu, Jinsong(Jason) Zheng {draw: course} Getty Realty Corp.(NYSE:GTY), a take over state corporation, is the largest publicly traded satisfying estate investment cuss REIT in the united States specializing in the ownership and leasing of sell labor go off and gubbins store properties and petroleum scattering terminals. As of adjoin 31, 2009, the troupe owned 875 properties and leased 182 additive propertieslocated primarily in the northeastward and the Mid-Atlantic regions in the United States. Nearly completely of them argon leased or sublet to distributors and retailers engaged in the deal of gasoline and other labour fuel products, comfort post store products and automotive have-to doe with services. {draw:frame} In 2007, Getty heard seventy-four properties in ten-spot states. However, due to the unfavorably securities fabrication condition, it only purchased nine properties in 2008 and the first quarter of 2009. Getty has a unique network of retail motor fuel and lash-up store properties across the northeastern United States and the Mid-Atlantic regions of the United States. much of these properties are located at highly trafficked urban intersections or conveniently close to highways opening and exit ramps.

Getty’s trade means of competition are rents charged in sexual congress to the in stick with producing potential of the location. As part of overall exploitation strategy, Getty on a regular basis reviews opportunities to acquire spare properties and expects to continue to be scholarship that it believes allow make its pecuniary performance. Getty’s revenues materially come from lease properties. Thus, one of the growth strategies the company believes will benefit their financial performance is to acquire additional properties and continue to pursue acquisitions. The avocation table summarizes the numbers game of properties acquired for the years ended celestial latitude 31, 2006, 2007 and...If you indigence to get a full essay, order it on our website: Orderessay

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