DCT Industrial Trust (DCT) Tops Q1 FFO by 3c

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Go back to DCT Industrial Trust (DCT) Tops Q1 FFO by 3c

DCT Industrial Trust® Reports First Quarter 2016 Results

May 5, 2016 4:12 PM EDT

FFO, as adjusted, of $0.54 per Share

Consolidated Operating Occupancy Increased to 95.8 Percent

Same-Store NOI Growth of 5.4 Percent on a Cash Basis and 5.2 Percent on a GAAP Basis

Rent Growth of 22.2 Percent on a GAAP Basis and 9.9 Percent on a Cash Basis

In Q1, Stabilized 2.4 Million Square Feet of Development at a Weighted-Average Yield of 8.0 Percent

Company Raised 2016 FFO Guidance, as adjusted, to between $2.10 and $2.20 per Diluted Share

DENVER--(BUSINESS... More