Taubman Centers (TCO) Reports Q4 Revenues Beat

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Taubman Centers, Inc. Issues Fourth Quarter and Full Year 2019 Results

February 10, 2020 7:32 AM EST

- Full Year 2019 Net Income and Earnings Per Diluted Common Share (EPS) Up Primarily Due to Gains on Sales of Interests in Starfield Hanam and CityOn.Zhengzhou
- Pro Rata Total Portfolio NOI, Excluding Lease Cancellation Income, Up 4.6 Percent for the Quarter and 3.9 Percent for the Year
- Industry-leading Sales Per Square Foot $876, Up 3.1 Percent for the Quarter and 9.8 Percent for the Year
- U.S. Comp Center Sales Per Square Foot $972, Up 11 Percent for the Year
- Average Rent Per Square Foot Up 1.6 Percent for the... More