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Article: Great Lakes REIT Reports 15.6% Increase In FFO Per Common Share; Eighth Straight Double Digit Quarterly Increase.

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PR Newswire
Article date:
May 5, 2000
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Great Lakes REIT Highlights

* Funds From Operations (FFO) of $8.6 million, or $0.52 per common share

* Revenues of $24.5 million

* EBITDA of $13.4 million

* Portfolio occupancy was 94.4% at April 1, 2000

* Quarterly cash dividend of $0.34 per common share, paid April 4, 2000

* Same store sales increased 16.8% compared to the first quarter of 1999

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