Piedmont Office Realty Trust (PDM) Reports In-Line Q4 FFO

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Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2019 Results

February 4, 2020 4:31 PM EST

Atlanta, GA, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE: PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, today announced its results for the quarter and year ended December 31, 2019.

Highlights for the Quarter and Year Ended December 31, 2019:

Reported net income applicable to common stockholders of $162.5 million, or $1.29 per diluted share, and $229.3 million, or $1.82 per diluted share, for the quarter and year ended December 31, 2019, respectively, as compared with $45.4... More