INDIANAPOLIS, IN -- (MARKET WIRE) -- 01/27/10 -- Duke Realty Corporation (NYSE: DRE), a leading industrial and office property REIT, today reported results for the fourth quarter and full year 2009. Operating Highlights -- Recurring funds from operations per diluted share which excludes certain non-recurring items ("Recurring FFO") was $0.31 for the quarter and $1.45 for the year; in line with guidance. FFO including non-recurring items was $0.33 for the quarter and $0.06 for the year. -- Liquidity position further enhanced during the quarter: -- Unsecured revolving line of credit completed; $850 million facility renewed through February 2013 with $200 million accordion feature; no balance outstanding on the line at year end; -- Properties and land sold; $150 million in proceeds generated in ...
Duke Realty Corporation Reports Fourth Quarter and Full Year 2009 Results
