Liberty Property Trust (LPT) Tops Q4 FFO by 3c

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Go back to Liberty Property Trust (LPT) Tops Q4 FFO by 3c

Liberty Property Trust Announces 2017 Fourth Quarter and Full Year Results and Provides Guidance for 2018

February 6, 2018 7:51 AM EST

MALVERN, Pa., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE: LPT) announced financial and operating results for the quarter and year ended December 31, 2017, as well as projections for 2018 performance.

Highlights for Fourth Quarter 2017

Net income available to common shareholders $0.87 per diluted shareNAREIT Funds from Operations $0.68 per diluted shareSame store operating income increased by 5.1% over prior year quarterSame store operating income for the industrial portfolio increased by 4.6% over prior year quarter on a straight line and cash basisIndustrial rents increased 14.8%Portfolio... More