Washington REIT (WRE) Misses Q1 FFO by 2c/Share

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Washington Real Estate Investment Trust Announces First Quarter Financial And Operating Results

April 23, 2015 5:36 PM EDT

WASHINGTON, April 23, 2015 /PRNewswire/ -- Washington Real Estate Investment Trust ("Washington REIT" or the "Company") (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2015:

First Quarter 2015 Highlights

Generated Core Funds from Operations (FFO) of $0.38 per fully diluted share for the quarter, a 5.6% or $0.02 increase over first quarter 2014 Achieved same-store Net Operating Income (NOI) growth of 3.1% and cash NOI... More