« Ratner doubles cash offer to less than Extell bid | Main | CITY IN THE WILDERNESS: After four years of barren Ground Zero, New York needs a new Moses. »
September 8, 2005
Forest City Reports Second-Quarter and Year-to-Date Financial Results
BusinessWire
Forest City Enterprises reports:
Consolidated revenues reached record highs for the second quarter and first six months of fiscal 2005
Charles A. Ratner, president and chief executive officer of Forest City Enterprises, said, "We opened three properties and acquired one through the first half of the fiscal year. We expect to open seven additional projects during the balance of the year. In 2005, our portfolio additions will be approximately $513.0 million of cost on a full consolidation basis and $586.7 million of cost at the Company's pro-rata share, as we approach becoming an $8 billion company.
Posted by lumi at September 8, 2005 7:27 AM