Cousins Properties (CUZ) Tops Q1 FFO by 1c, Guides FY In-Line

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Go back to Cousins Properties (CUZ) Tops Q1 FFO by 1c, Guides FY In-Line

Cousins Properties Reports Results For Quarter Ended March 31, 2015

May 6, 2015 4:01 PM EDT

ATLANTA, May 6, 2015 /PRNewswire/ --

Highlights

Funds From Operations for the first quarter was $0.21 per share. Same property net operating income on a cash basis for the first quarter was up 15.9% over the prior year. Leased or renewed 440,839 square feet of office space during the first quarter. Second generation net rent per square foot on a cash basis increased 8.0% for the first quarter. Commenced operations of Colorado Tower, a Class-A office tower in downtown Austin, Texas, containing 373,000 square feet of space. As of quarter end, the... More