CBL & Assoc. Properties (CBL) Reports In-Line Q1 FFO
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CBL & Associates Properties Reports First Quarter 2015 Results
April 28, 2015 4:00 PM EDTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL & Associates Properties, Inc. (NYSE: CBL):
Same-center sales per square foot increased 6.9% during the first quarter 2015 over the prior-year period. Average gross rent per square foot for stabilized mall leases signed in the first quarter 2015 increased 10.6% over the prior gross rent per square foot. FFO per diluted share, as adjusted, was $0.52 for the first quarter 2015, consistent with FFO in the prior-year period. Same-center NOI for the first quarter increased 0.6% in the Total... More