Liberty Property Trust (LPT) Tops Q1 EPS by 7c

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Liberty Property Trust Announces First Quarter Results

April 21, 2015 7:33 AM EDT

Funds from Operations per share grew 21% Sale at Cambridge Biomedical Campus in Cambridge, UK, resulted in a $4.8 million gain Portfolio occupancy increased to 93.2% Same store operating income increased by 2.9% Amendment to lease for Comcast Innovation and Technology Center, the 1.3 million square feet of office space is now 100% leased Borrowing costs reduced through repayment of $300 million of 5.125% Senior Notes, issuance of $400 million of 3.75% Senior Notes.

MALVERN, Pa., April 21, 2015 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE:... More