Cantor Fitzgerald Downgrades Parkway Properties (PKY) to Sell
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Parkway Properties (PKY) Provides FY12 / FY13 Guidance Above Street
January 22, 2013 4:21 PM ESTParkway Properties, Inc. (NYSE: PKY) today announced preliminary leasing results for its fourth quarter ended December 31, 2012 in advance of its Investor Day on January 23, 2013. In addition, the Company narrowed its 2012 Funds from Operations (FFO) outlook to the upper end of the previously provided range and provided a 2013 FFO outlook.
James R. Heistand, President and Chief Executive Officer of Parkway commented, "We continue to make meaningful progress in our strategic objectives and the transformation of our portfolio. We had another strong leasing quarter, we further enhanced our financial flexibility with the... More
Parkway (PKY) to Acquire Deerwood Property Portfolio in $130M Deal
January 22, 2013 8:54 AM ESTParkway Properties, Inc. (NYSE: PKY) has entered into a purchase and sale agreement to acquire a portfolio of eight office properties totaling 1.0 million square feet located in the Deerwood submarket of Jacksonville, Florida (the "Deerwood Portfolio") for a purchase price of $130 million. The properties were... More
