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BRIEF-Liberty Property Trust sees 2017 FFO at $2.40-$2.52 per share
December 13, 2016 / 1:28 PM / a year ago

BRIEF-Liberty Property Trust sees 2017 FFO at $2.40-$2.52 per share

Dec 13 (Reuters) - Liberty Property Trust

* Net income available to common shareholders projected to be $1.40 - $1.75 per share in 2017

* Sees FY 2016 net income available to common shareholders projected to be $2.46 - $2.54 per share

* Co sees quarterly dividend to shareholders to be reduced from $0.475 to $0.40/share starting with Q1’s dividend payment in April 2017

* In 2017, Liberty expects to start development of $400-$500 million in wholly-owned properties, primarily industrial

* Sees FY 2017 FFO per share $2.40 to $2.52 Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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