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Article: Great Lakes REIT Reports FFO Per Common Share Of $0.47 For Second Quarter Of 1999.
- Article from:
- PR Newswire
- Article date:
- August 6, 1999
CopyrightCOPYRIGHT 1999 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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Great Lakes REIT Second Quarter Highlights
-- Funds From Operations (FFO) of $7.9 million, or $0.47 per common share
-- Revenues of $23.9 million
-- EBITDA of $12.5 million
-- Aggregate portfolio occupancy was 96 percent at June 30, 1999
-- Quarterly cash dividend of $0.34 per common share, paid June 30, 1999
-- Return on Invested Capital of 10.75% (EBITDA for the quarter ended