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Article: Windrose Medical Properties Trust Reports Fourth Quarter and Year-end 2004 Results.
- Article from:
- PR Newswire
- Article date:
- March 3, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fourth Quarter Highlights:
* Generated fourth quarter funds from operations (FFO) of $0.28 per share on a fully diluted basis
- Net income 184% over fourth quarter 2003
* Acquired one specialty medical property for $14.6 million
* Commenced construction on $23.7 million professional medical office building
* Declared quarterly dividend of $0.225 per share for the fourth quarter, an increase of $0.005 over the third quarter
Windrose Medical Properties Trust , a self-managed specialty medical properties REIT, announced today financial results for the fourth quarter and year-ended December 31, 2004.