Liberty Property Trust (LPT) Tops Q2 FFO by 2c, Updates FY Guidance

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Liberty Property Trust Announces Second Quarter Results and Revised Full-Year Financial Projections

July 28, 2015 7:26 AM EDT

Funds from Operations per share grew 14%Hampton Roads, VA office market exited with sale of 1.3 million square feet of suburban office and flex propertiesPortfolio occupancy increased to 93.8%Same store operating income increased by 3.2%FFO Guidance range for 2015 revised to $2.60 - $2.65 per share

MALVERN, Pa., July 28, 2015 (GLOBE NEWSWIRE) -- Liberty Property Trust reported that funds from operations available to common shareholders (diluted) (FFO) for the second quarter of 2015 was $0.67 per share, compared to $0.59 per share for... More