Federal Realty Inv. Trust (FRT) Tops Q3 FFO by 2c
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Federal Realty Investment Trust Announces Third Quarter 2015 Operating Results
November 4, 2015 4:10 PM ESTROCKVILLE, Md., Nov. 4, 2015 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its third quarter ended September 30, 2015. Highlights of the quarter and recent activity include:
Generated FFO of $1.36 per diluted share for the quarter, an increase of 10.6% over third quarter 2014. Signed leases for 478,411 sf of comparable space and achieved cash basis rollover growth on comparable spaces of 19%. Generated same center property operating income growth of 4.2% (or 2.0% when properties under redevelopment are excluded). Completed leasing of the first phase of Assembly... More