NorthStar Realty Europe (NRE) Reports Q4 Loss of $0.55/Share
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NorthStar Realty Europe Announces Fourth Quarter 2015 Results
March 22, 2016 7:00 AM EDTNEW YORK, March 22, 2016 /PRNewswire/ --Â NorthStar Realty Europe Corp. (NYSE: NRE) ("NorthStar Realty Europe" or "NRE") today announced its results for the fourth quarter ended December 31, 2015.
Highlights
Cash available for distribution ("CAD") of $0.22 per share Fourth quarter 2015 cash dividend of $0.15 per share Cushman & Wakefield LLP issued an independent third party year-end valuation of approximately $2.6 billion for NorthStar Realty Europe's real estate portfolio, which equates to an implied NAV of $18 per share1 Repurchased $150 million of 4.625% senior stock-settable notes subsequent... More