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The Honolulu Advertiser

Posted at 1:07 p.m., Tuesday, August 7, 2007

Douglas Emmett reports net loss in second quarter

Advertiser Staff

Douglas Emmett Inc., a real estate investment trust that has Honolulu office buildings and apartment complexes in its portfolio, reported second quarter funds from operations of $48.7 million, or 29 cents a share.

The Santa Monica, Calif.-based REIT said it had a net loss of $1.3 million, or 1 cent a share, during the three months ended June 30.