EPR Properties Anticipates Post-Crisis Rebound in Leisure and Recreation Demand

EPR Properties (NYSE: EPR) CEO Greg Silvers said he expects to see a surge in demand for out of home leisure and recreation experiences in the wake of the COVID-19 pandemic.

“Despite the current environment, we continue to firmly believe in the long-term advantages of our portfolio and our strategy. Once the country emerges from this pandemic, we believe the demand for affordable out-of-home entertainment will be stronger than ever, as people re-engage, socialize, and enjoy the experiences that our properties provide,” Silvers said.

Silvers also noted that EPR’s board has approved up to $150 million in share repurchases through the end of the year, while the company has revised its 2020 anticipated investment spending to include only previously committed investment spending of approximately $100 million.


Get Nareit Developments blog posts delivered straight to your inbox.


The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.