Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the fourth quarter 2016.
Recent highlights include:
Net income of $0.17 per diluted share for the quarter;Funds from Operations per diluted share of $0.33; with Core Funds from Operations growth of 19.1% to $0.56 for the quarter;Increased rental rates by 12.2% on a GAAP basis and 3.5% on a cash basis at its Core/Waterfront/Flex properties;Core/Waterfront/Flex properties were 90.6% leased at quarter end; a 1.5%
RelSci News & Alerts gets you:
- 10 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
- Competitive business intelligence through daily data updates
- Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox