Cousins Properties (CUZ) Tops Q2 FFO by 1c

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Go back to Cousins Properties (CUZ) Tops Q2 FFO by 1c

Cousins Properties Reports Results For Quarter Ended June 30, 2015

July 28, 2015 4:01 PM EDT

ATLANTA, July 28, 2015 /PRNewswire/ --

Highlights

Funds From Operations were $0.21 per share. Same property net operating income on a cash basis was up 5.2% over the prior year. Second quarter second generation net rent per square foot on a cash basis increased 32.8%. Leased or renewed 521,348 square feet of office space, including a 255,413 square foot renewal with Transocean at Greenway Plaza. Formed a joint venture to develop a mixed-use project in Chapel Hill, North Carolina. The project is expected to contain 159,000 square feet of office space, 43,000 square feet of retail... More