Franklin Street Properties: Q3 Results In - Still Bullish

Asset Alchemist
208 Followers

Summary

  • Franklin Street Properties reports further property sales in their Q3 release.
  • Despite the decline in leased space, FSP still reports positive funds from operations and continues to pay quarterly dividends.
  • FSP's ongoing efforts to sell properties and unlock shareholder value indicate that the stock is still undervalued.

Low angle view of London city Canary Wharf skyscrapers

Gary Yeowell

Franklin Street Properties (NYSE:FSP) is a REIT focused on office properties in the U.S. that is currently trading much lower than its book value. The company has recently reported its Q3 earnings. After our last article on FSP, the stock

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