Select Income REIT (SIR) Reports Q1 FFO of $0.74/Share

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Go back to Select Income REIT (SIR) Reports Q1 FFO of $0.74/Share

Select Income REIT Announces First Quarter 2016 Results

April 26, 2016 7:00 AM EDT

Normalized FFO of $0.74 Per Share for the First Quarter, up 5.7% Year Over Year

Rental Rates for New and Renewal Leases Increase by 13.9%

Same Property Cash Basis NOI for the First Quarter, up 1.8% Year Over Year

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (NYSE: SIR) today announced financial results for the quarter ended March 31, 2016.

David Blackman, President and Chief Operating Officer of SIR, made the following statement:

Select Income REIT continued to generate strong operating results during the... More