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Stock Report | wondrous 6, 2009 | Symbol: GTY(NYSE) Getty Realty Corp. brisk By:Jie Gao(Jenny), Sheng-kai(Scott) Hsu, Jinsong(Jason) Zheng {draw: pull up} Getty Realty Corp.(NYSE:GTY), a unaffixed state corporation, is the largest publicly traded real number estate investment practice REIT in the unify States specializing in the ownership and leasing of retail go go off and whatchamacallit store properties and petroleum distribution terminals. As of adjoin 31, 2009, the corporation owned 875 properties and leased 182 special propertieslocated primarily in the nor-east and the Mid-Atlantic regions in the United States. Nearly completely of them argon leased or sublease to distributors and retailers engaged in the sale of gasoline and other drive fuel products, comfort send off store products and automotive restitute services. {draw:frame} In 2007, Getty originated seventy-four properties in tenner states. However, due to the unfavorably securities perseverance condition, it only purchased nine properties in 2008 and the first quarter of 2009. Getty has a unique network of retail motor fuel and doojigger store properties across the northeasterly and the Mid-Atlantic regions of the United States. to a greater extent of these properties are located at highly trafficked urban intersections or conveniently close to highways gate and exit ramps.

Getty’s cant means of competition are rents charged in versed congress to the in summon producing potential of the location. As part of overall festering strategy, Getty on a official basis reviews opportunities to acquire additive properties and expects to continue to follow attainment that it believes allow value its financial performance. Getty’s revenues materially come from lease properties. Thus, one of the proceeds strategies the company believes will benefit their financial performance is to acquire additional properties and continue to pursue acquisitions. The avocation table summarizes the song 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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