Wednesday, August 1, 2012

Cousins Properties Reports Results for Second Quarter of 2012



 ATLANTA, GA -- Cousins Properties Incorporated (NYSE:CUZ) today reported its results of operations for the quarter ended June 30, 2012
  • ·Funds From Operations was $0.13 per share.
  • ·Same property net operating income increased 4.6% from the first six months of 2011.
  • Sold three properties generating $68.8 million in net proceeds to the Company.
“It was another solid quarter, with the disposition of three non-core assets and positive leasing progress for the operating portfolio,” said Larry Gellerstedt (top right photo), CEO of Cousins. “Consistent with our strategy, we’ll continue to simplify the platform and focus on recycling capital into attractive, targeted investment opportunities.”

For a complete copy of the company’s news release and statistics, please contact:

Cousins Properties Incorporated
Gregg D. Adzema, 404-407-1116
Executive Vice President and Chief Financial Officer
or
Cameron Golden, 404-407-1984
Vice President, Investor Relations and Corporate Communications

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