Discontinued — last reported Q2 '24
Service, retail, dining and entertainment — Real property
Sun Communities Service, retail, dining and entertainment — Real property increased by 7.6% to $205.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $174.20M to $205.40M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher utilization of commercial space and improved ancillary revenue streams, while a decrease may indicate lower occupancy or reduced demand for on-site commercial amenities.
Detailed definition
This metric represents the revenue generated from real estate-related ancillary services, such as leasing of commercial...
Peer comparison
Comparable to ancillary real estate income or commercial lease revenue reported by other residential REITs and hospitality-focused property owners.
sui_segment_service_retail_dining_and_entertainment_real_propertyHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $50.60M | $107.10M | $113.70M | $81.20M | $167.60M | $174.20M | $102.60M | $190.90M | $205.40M |
| QoQ Change | — | +111.7% | +6.2% | -28.6% | +106.4% | +3.9% | -41.1% | +86.1% | +7.6% |
| YoY Change | — | — | — | +60.5% | +56.5% | +53.2% | +26.4% | +13.9% | +17.9% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Sun Communities's service, retail, dining and entertainment — real property?
- Sun Communities (SUI) reported service, retail, dining and entertainment — real property of $205.40M in Q3 2023.
- How has Sun Communities's service, retail, dining and entertainment — real property changed year-over-year?
- Sun Communities's service, retail, dining and entertainment — real property increased by 17.9% year-over-year, from $174.20M to $205.40M.
- What does service, retail, dining and entertainment — real property mean?
- Revenue earned from leasing physical property space for retail, dining, or entertainment purposes within the company's communities.