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Orion Office REIT reports Q2 core FFO 48c vs. 50c last year
The Fly

Orion Office REIT reports Q2 core FFO 48c vs. 50c last year

Reports Q2 revenue $52.0M vs. $52.85M last year. The company said, “We continue our efforts to evolve and reposition our portfolio of high-quality properties. We reported another solid quarter of financial performance from our high-quality portfolio, and while the pace of completing the dispositions of non-core properties and securing new leases is extended relative to our initial outlook, we continue to make progress. Most importantly, we recently completed an amendment to our credit facility that allows us to extend the maturity until 2026 and gives us the financial flexibility to execute on the Company’s business plan and to maintain our low leverage balance sheet.”

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