Posted at 1:48 p.m., Wednesday, August 1, 2007
Ala Moana Center owner reports improved results
Advertiser Staff
General Growth Properties Inc., the shopping mall owner whose properties include Ala Moana Center and Ward Centers, said core funds from operations rose to 73 cents a share in the second quarter. It increased from 62 cents a year earlier."Our double-digit Core FFO growth was driven by the excellent operating metrics of our core real estate business, " said John Bucksbaum, the Chief Executive Officer, in a news statement.
