Liberty Property Trust (LPT) Misses Q1 EPS by 1c, Revenues Beat; Raises Low-End EPS Guidance
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Liberty Property Trust Announces First Quarter 2019 Results
April 30, 2019 8:29 AM EDTWAYNE, Pa., April 30, 2019 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE: LPT) announced financial and operating results for the first quarter of 2019.
Highlights for First Quarter 2019
8.9 million square feet of leasing in quarterRents increased 16.3% on a GAAP basisCash same store operating income increased by 4.6%Six development projects delivered, 87.8% occupied at 3/31, 100% leased todayNAREIT Funds from Operations $0.62 per diluted share 2019 FFO guidance raisedManagement CommentsDemand from users for industrial space... More
