Monday, July 30, 2007

UPDATE 1-Simon Property FFO up on higher rents, occupancy

(Reuters) - Simon reported second-quarter FFO -- a measure of real
estate investment trust performance that factors out
depreciation -- of $373 million, or $1.31 per share, compared
with $358 million, or $1.26 per share, a year earlier.




The result trailed analysts' average expectations of FFO of
$1.33, according to Reuters Estimates.


Read more at Reuters.com Market News

No comments: