Liberty Property Trust (LPT) Tops Q3 FFO by 3c
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Liberty Property Trust Announces Third Quarter 2017 Results
October 24, 2017 7:55 AM EDTMALVERN, Pa., Oct. 24, 2017 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE: LPT) announced financial and operating results for the quarter ended September 30, 2017.
Highlights for Third Quarter 2017
Net income available to common shareholders $0.40 per diluted shareNAREIT Funds from Operations $0.66 per diluted shareSame store operating income increased by 2.6% over prior year quarterSame store operating income for the industrial portfolio increased by 4.3%Portfolio occupancy increased to 95.9%Industrial rents increased 14.8%Office rents increased 12.6%$98.7 million in development delivered... More