NorthStar Realty Europe (NRE) Reports Q1 EPS of $0.22

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NorthStar Realty Europe Announces First Quarter 2019 Results

May 8, 2019 6:40 AM EDT

NEW YORK--(BUSINESS WIRE)-- NorthStar Realty Europe Corp.(NYSE: NRE) (NorthStar Realty Europe or NRE), a European office REIT, today announced its results for the first quarter endedMarch31, 2019.

First Quarter 2019 Financial Results and Highlights

U.S. GAAP net income attributable to common stockholders: $11.1 million, or $0.22 per diluted share for the first quarter 2019 Cash available for distribution (CAD): $7.4 million, or $0.15 per share for the quarter despite significant sale activity in 2018 and lower corporate loan to value (LTV)1 During the first quarter, NRE... More