Lexington Realty Trust (LXP) Tops Q2 FFO by 1c
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Lexington Realty Trust Reports Second Quarter 2015 Results
August 4, 2015 7:30 AM EDTNEW YORK, Aug. 04, 2015 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the second quarter ended June 30, 2015.
Second Quarter 2015 Highlights
Generated Company Funds From Operations (Company FFO) of $67.0 million, or $0.27 per diluted common share.Invested $28.2 million in on-going build-to-suit projects and commenced funding an industrial build-to-suit project for $70.0 million.Completed an industrial build-to-suit property for $10.1 million.Disposed of two office buildings for gross... More