WP Glimcher (WPG) Misses Q1 FFO by 2c

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Go back to WP Glimcher (WPG) Misses Q1 FFO by 2c

WP Glimcher Reports First Quarter 2016 Results

May 4, 2016 4:28 PM EDT

- Core portfolio same property NOI increased 4.3%

- Sales increased 5.9% to $374 per square foot for core malls

- Core portfolio occupancy increased 50 basis points to 92.4% leased

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 first quarter ended March 31, 2016 that reflect continued progress on the execution of the Companys strategic plan.

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