CBL - CBL Properties FFO of $1.55 revenue of $136.28M

• CBL Properties press release ( NYSE: CBL ): Q3 FFO of $1.55; AFFO of $1.85.
• Revenue of $136.28M (-9.4% Y/Y).
• New and renewal comparable space leases for malls, lifestyle centers and outlet centers were signed at 5.2% higher average rents versus the prior leases, marking a notable reversal in trends.
• Same-center tenant sales per square foot for the trailing 12-months ended September 30, 2022, was $440. Same-center sales tenant per square foot for the trailing 12-months (excluding 2020) ended September 30, 2021, was $431.
• The year-over-year improvement in tenant sales per square foot was 2.1%.

For further details see: