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JBG SMITH Shares Investor Day Management Commentary

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JBG SMITH (NYSE: JBGS), a prominent developer and owner of mixed-use properties in the Washington, DC area, has shared management commentary on its 2024 Investor Day materials. The company highlighted its current projects, future developments, and strategic initiatives aimed at enhancing shareholder value. Key points include plans for new residential and commercial properties, ongoing leasing activities, and financial performance metrics.

Positive
  • Management commentary emphasizes future development plans which could drive growth.
  • Ongoing leasing activities indicate a stable demand for properties.
  • Strategic initiatives aimed at enhancing shareholder value.
Negative
  • Lack of specific financial performance metrics in the PR.
  • Potential risks associated with new development projects not addressed.
  • No mention of how current economic conditions may impact future projects.

BETHESDA, Md.--(BUSINESS WIRE)-- JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today shared management commentary related to its previously posted 2024 Investor Day materials.

View the Investor Presentation with management commentary here.

About JBG SMITH

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately 75.0% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket’s proximity to the Pentagon; and JBG SMITH’s deployment of 5G digital infrastructure. JBG SMITH's dynamic portfolio currently comprises 13.7 million square feet of high-growth multifamily, office and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 9.3 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually. For more information on JBG SMITH please visit www.jbgsmith.com.

Kevin Connolly

Executive Vice President, Portfolio Management & Investor Relations

(240) 333‑3837

kconnolly@jbgsmith.com

Source: JBG SMITH

FAQ

What are the key highlights from JBG SMITH's 2024 Investor Day?

JBG SMITH shared its development plans, ongoing leasing activities, and strategic initiatives aimed at enhancing shareholder value.

What new projects are JBG SMITH planning?

The company plans to develop new residential and commercial properties in the Washington, DC area.

How will JBG SMITH's new projects impact shareholders?

The new projects are expected to drive growth and enhance shareholder value.

What leasing activities is JBG SMITH currently engaged in?

JBG SMITH is involved in ongoing leasing activities, indicating stable demand for their properties.

What strategic initiatives did JBG SMITH mention in their Investor Day commentary?

The company mentioned strategic initiatives focused on enhancing shareholder value.

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