NorthStar Realty Europe (NRE) Reports Q2 Loss of $0.57/Share

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NorthStar Realty Europe Announces Second Quarter 2016 Results

August 5, 2016 6:30 AM EDT

NEW YORK, Aug. 5, 2016 /PRNewswire/ -- NorthStar Realty Europe Corp. (NYSE: NRE) ("NorthStar Realty Europe" or "NRE"), a prime European office REIT, today announced its results for the second quarter ended June 30, 2016.

Highlights

U.S. GAAP net (loss) to common stockholders of $(33.9) million, or $(0.57) per diluted share and cash available for distribution ("CAD") of $13.4 million, or $0.22 per share Second quarter 2016 cash dividend of $0.15 per share Capital recycling plan underway with 9 primarily non-strategic properties sold in 2016 for a combined sales price in... More