Washington REIT (WRE) Reports In-Line Q2 FFO

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Go back to Washington REIT (WRE) Reports In-Line Q2 FFO

Washington Real Estate Investment Trust Announces Second Quarter Financial and Operating Results

July 23, 2015 5:01 PM EDT

WASHINGTON, July 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 June 30, 2015:

Second Quarter 2015 Highlights

Generated Core Funds from Operations (FFO) of $0.42 per fully diluted share for the second quarter, a $0.04 increase over first quarter 2015 and a $0.01 increase over second quarter 2014 Same-store Net Operating Income (NOI) modestly declined by 0.3%, while... More