Liberty Property Trust (LPT) Reports In-Line Q4 FFO

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Go back to Liberty Property Trust (LPT) Reports In-Line Q4 FFO

Liberty Property Trust Announces 2016 Fourth Quarter and Full Year Results

February 7, 2017 7:40 AM EST

Fourth quarter highlights include:

Net income available to common shareholders $1.33 per diluted shareNAREIT Funds from Operations $0.41 per diluted shareNet income and NAREIT Funds from Operations per diluted share include $0.16 charge relating to early extinguishment of debt8.3 million square feet of wholly-owned properties and 32 acres of land sold for $1.1 billionSame store operating income increased by 0.9% Same store operating income for the industrial distribution portfolio increased by 1.9% $297.8 million in developments delivered at a yield... More