Piedmont Office Realty Trust (PDM) Reports Core Funds From Operations of $0.51

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Go back to Piedmont Office Realty Trust (PDM) Reports Core Funds From Operations of $0.51

Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2021 Results

February 7, 2022 4:15 PM EST

Atlanta, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE: PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter and year ended December 31, 2021.

Highlights for the Quarter and Year Ended December 31, 2021:

Financial Results:

The Company recognized a net loss applicable to Piedmont of $31.8 million, or $0.26 per diluted share, and $1.2 million, or $0.01... More