Select Income REIT (SIR) Reports Q4 FFO of 71c

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Go back to Select Income REIT (SIR) Reports Q4 FFO of 71c

Select Income REIT Announces Fourth Quarter and Year End 2016 Results

February 16, 2017 7:00 AM EST

Fourth Quarter Net Income of $0.27 Per Share

Fourth Quarter Normalized FFO of $0.71 Per Share

353,000 Square Feet Leased at 32.0% Rental Rate Increases

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced financial results for the quarter and year ended December 31, 2016.

David Blackman, President and Chief Operating Officer of SIR, made the following statement:

"During the fourth quarter of 2016, Select Income REIT continued with steady execution of its operating strategy, generating normalized funds from operations of... More