Inland Real Estate (IRC) Tops Q1 FFO by 1c/Share

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Inland Real Estate Corporation Announces First Quarter 2015 Results

May 7, 2015 8:30 AM EDT

FFO per Share and Recurring FFO per Share Increase 21.7% and 8.7%, Respectively

OAK BROOK, Ill.--(BUSINESS WIRE)-- Inland Real Estate Corporation (NYSE: IRC), a publicly traded real estate investment trust that owns and operates high-quality, necessity and value-based retail centers primarily in select markets within the Central and Southeastern United States, today announced financial and operational results for the three months ended March 31, 2015.

Highlights

Funds from Operations (FFO) per weighted average common share (basic and diluted) was $0.28 for the three months ended March 31, 2015, an... More