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March 13, 2013
16:23 EDTOFCCOPT lowers Q1 FFO view 38c-40c, citing early debt retirement
Sees FY13 FFO $1.74 and $1.84. Management is updating its previously issued guidance for 2013 diluted funds from operations per share, FFOPS, and diluted earnings per share, EPS, to reflect the 6c per share loss on the early retirement of indebtedness and the 3c per share loss on the original issuance costs of the redeemed preferred shares. Management is establishing guidance for FFOPS, as adjusted for comparability, for the full year 2013 of $1.83 to $1.93, which is equal to its previous guidance for 2013 FFOPS. Incorporating the losses on early debt retirement and original issuance costs, the company now expects full year 2013 FFOPS of between $1.74 and $1.84, and first quarter 2013 FFOPS of between $0.38 and $0.40.
News For OFC From The Last 14 Days
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December 15, 2014
15:13 EDTOFCCorporate Office Properties management to meet with Evercore ISI
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06:20 EDTOFCCorporate Office Properties initiated with a Neutral at Mizuho
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06:10 EDTOFCCorporate Office Properties announces full-building lease in Northern Virginia
Corporate Office Properties has executed a full-building lease on a 240,000 square foot, Class A office development in Northern Virginia. The project has been leased to a customer in the company’s strategic tenant niche for a multi-year lease term. Shell construction is anticipated to be completed in mid-2016, with a lease start date anticipated in 2Q17.
December 10, 2014
06:04 EDTOFCCorporate Office Properties to deliver new build-to-suit project in Ashburn, VA
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