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One Liberty +2.4% after logging Q2 gains

Aug. 06, 2018 12:08 PM ETOne Liberty Properties, Inc. (OLP) StockBy: Liz Kiesche, SA News Editor
  • One Liberty (NYSE:OLP+2.4% after reporting Q2  adjusted FFO per share of 54 cents increased from 52 cents a year earlier.
  • Total revenue rose 7.3% to $19.8M, comprised of a 6.0% increase in net rental income to $17.7B and tenant reimbursements of $2.03M, up 20% Y/Y.
  • “Industrial properties and distribution centers continue to grow in importance as consumer goods are shipped directly to retail customers," says President and CEO Patrick J. Callan, Jr.
  • Source: Press Release
  • Previously: One Liberty Properties reports Q2 results (Aug. 6)

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