Select Income REIT (SIR) Tops Q2 EPS by 36c

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Select Income REIT Announces Second Quarter 2016 Results

July 26, 2016 7:00 AM EDT

Second Quarter Net Income of $0.34 Per Share

Second Quarter Normalized FFO of $0.72 Per Share

Rental Rates for New and Renewal Leases Increase by 15.5%

Same Property Cash Basis NOI for the Second Quarter up 0.7% Year Over Year

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced financial results for the quarter and six months ended June 30, 2016.

Results for the Quarter Ended June 30, 2016:

Net income attributed to SIR was $30.8 million, or... More