Retail Opportunity Investments (ROIC) Tops Q4 FFO by 1c
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Retail Opportunity Investments Corp. Reports 2017 Results
February 21, 2018 4:15 PM ESTSAN DIEGO, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today financial and operating results for the twelve and three months ended December 31, 2017.
YEAR 2017 HIGHLIGHTS
        $38.5mm of net income attributable to common stockholders ($0.35 per diluted share)         5.6% increase in Funds From Operations (FFO)(1) per diluted share to $1.14 (17 vs. 16)         $357.6 million of grocery-anchored shopping centers acquired during 2017         97.5% portfolio lease rate at year-end 2017 (4th consecutive year above 97%)         1.4 million square feet of leases executed (new and renewed)         26.6% increase in same-space cash rents... More
