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| Kevin Habicht |
Orlando, FL, Nov, 3,
2015 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment
trust, today announced its operating results for the quarter and nine months
ended September 30, 2015.
Highlights include:
• FFO per share and
Recurring FFO per share increased 11.5% over prior year results
• AFFO per share increased
11.3% over prior year results
• Portfolio occupancy was
99.1% at September 30, 2015, as compared to 98.8% at June 30, 2015 and March
31, 2015
• Invested $263.8 million
in 97 properties with an aggregate 732,000 square feet of gross leasable area
at an initial cash
yield of 7.2%
• Sold five properties for
$8.2 million producing $1.9 million of gains on sales, net of income tax
• Raised $38.2 million in
net proceeds from the issuance of 1,045,972 common shares
• Results include $1.95
million of rental revenue from a 2013 tenant default settlement
For a complete copy of the company’s news release,
please contact:
Kevin B. Habicht
Chief Financial Officer
(407) 265-7348
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