Stifel Upgrades Liberty Property Trust (LPT) to Buy
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Liberty Property Trust Announces Third Quarter Results
October 25, 2016 7:34 AM EDTThird quarter highlights include:
Net income available to common shareholders $0.37 per diluted shareFunds from Operations $0.66 per diluted shareSame store operating income increased by 2.6% Same store operating income for the industrial distribution portfolio increased by 3.1%Industrial distribution rents increased 12.4%$400 million of 10-year, 3.25% unsecured notes issued, proceeds used in part to prepay $300 million of 10-year unsecured notes with an interest rate of 5.5%Subsequent events:
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