WP Glimcher (WPG) Tops Q4 FFO by 1c; Guides FY16 FFO

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WP Glimcher Reports Fourth Quarter and Fiscal-Year 2015 Results; Board of Directors Approves Quarterly Dividend

February 25, 2016 4:35 PM EST

COLUMBUS, Ohio--(BUSINESS WIRE)-- WP Glimcher Inc. (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today reported financial and operating results for the fourth quarter and fiscal-year ended December 31, 2015.

2015 was our first year as WP Glimcher and we have built a solid foundation to drive long-term growth as we enter 2016, stated Michael P. Glimcher, CEO. We will deliver growth this year with a focus on increasing occupancy, operating with a lean and efficient corporate structure, and improving our investment grade balance sheet.

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