Cedar Realty Trust (CDR) Tops Q4 FFO by 9c

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Cedar Realty Trust Reports Fourth Quarter And Full Year 2015 Results

February 18, 2016 4:01 PM EST

PORT WASHINGTON, N.Y., Feb. 18, 2016 /PRNewswire/ -- Cedar Realty Trust, Inc. (the Company) (NYSE: CDR) today reported financial and operating results for the fourth quarter and year ended December 31, 2015.

Operating Highlights

Operating funds from operations (Operating FFO) of $0.14 per diluted share for the quarter and $0.54 for the year Same-property net operating income (NOI) for the quarter increased 2.5% including redevelopments and 2.4% excluding redevelopments. Same property NOI for the year increased 2.8% including redevelopments and 1.9% excluding redevelopments Signed 36 new and renewal leases for 415,100 square... More