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Article: Great Lakes REIT Reports 14.9% Increase in Quarterly FFO Per Common Share; Ninth Straight Double Digit Quarterly Increase.

Article from:
PR Newswire
Article date:
July 31, 2000
Copyright

Great Lakes REIT Highlights for the Quarter Ended June 30, 2000

-- Funds From Operations (FFO) of $9.0 million, or $0.54 per common share

-- Revenues of $24.9 million

-- EBITDA of $13.9 million

-- Portfolio occupancy was 93.6% at July 1, 2000

-- Quarterly cash dividend of $0.36 per common share, paid July 6, 2000

-- Same store sales increased 15% compared to the second quarter of 1999

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