General Growth third-quarter FFO rises as tenant sales gain

NEW YORK - General Growth Properties Inc., the second-biggest U.S. shopping-mall owner, said funds from operations excluding some items rose 0.4 percent in the third quarter as occupancy in its regional malls increased. The company’s “core” FFO climbed to $224.2 million, or 23 cents a share, from $223.2 million, or 68 cents, a year earlier,…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -