ATLANTA, GA -- Cousins Properties Incorporated (NYSE:CUZ) reported its results of operations for the quarter and year ended December 31, 2010.
Highlights:
- FFO Before Non-Cash Impairment and Separation Charges totaled $0.16 per share.
- Completed leasing totaling 491,000 square feet, reaching 2,994,000 square feet for 2010, a full year increase of 41% for office, 18% for retail and 16% for industrial.
- Sold $27.7 million of non-strategic assets for a 2010 total of $172.8 million.
- Invested $14.9 million in a new partnership owning four Publix-anchored shopping centers.
- Returned to an all cash dividend at an annualized rate of $0.18 per share.
For a complete copy of the company’s news release and financials, please contact:
Gregg D. Adzema. Executive Vice President and Chief Financial Officer, 404-407-1116, greggadzema@cousinsproperties.com. or
Cameron Golden. Director of Investor Relations and Corporate Communications
404-407-198, camerongolden@cousinsproperties.com
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