CBL & Assoc. Properties (CBL) Reports In-Line Q3 FFO
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CBL & Associates Properties Reports Third Quarter 2015 Results
October 28, 2015 4:15 PM EDTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL & Associates Properties, Inc. (NYSE: CBL):
Same-center sales per square foot increased 4.2% to $371 per square foot for the twelve months ended September 30, 2015 over the prior-year period. Average gross rent per square foot for stabilized mall leases signed in the third quarter 2015 increased 11.1% over the prior gross rent per square foot. FFO per diluted share, as adjusted, was $0.56 for the third quarter 2015, compared with $0.55 in the prior-year period. Same-center NOI for the third... More