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| Craig Macnab |
Orlando, FL – National Retail Properties, Inc. (NYSE: NNN),
a real estate investment trust, announced its operating results for the quarter
and six months ended June 30, 2013.
Craig Macnab, Chief Executive Officer, commented:
"We are very pleased to have completed a number of attractive acquisitions
during the second quarter which allowed us to increase our earnings guidance
again to a level that produces approximately 8% growth in FFO per share over
2012's results.
“Additionally, we raised $877 million of very well-priced
long-term capital during the first half which positions us well to fund future
acquisitions. While this may modestly constrain 2013 per share results,
securing this low cost capital provides us with increased visibility in per
share growth for 2014.”
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases. As of June 30,
2013, the company owned 1,838 properties in 47 states with a gross leasable
area of approximately 20.2 million square feet.
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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