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REIT Comments |
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01/27/2010
DRE $12
Duke Realty DRE 4Q 2009 FFO $0.31 v $0.67 (restated) DOWN (54%)
DRE 2009 FFO $1.45 v $2.48 (restated) DOWN (42%)
DRE guidance 2010 FFO $0.95-$1.15 v $1.45 DOWN (21%)-(34%)
DRE 4Q 2009 occupancy 87.8%
DRE 4Q 2009 tenant retention 80%
DRE an Industrial REIT
DRE we rank 4 SELL
DRE market cap $2.6 billion
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