Vmbook Online ordering

Reit Diversified

Columbia Property Trust (CLNY) is a publicly-traded real estate investment trust (REIT) that focuses on owning and operating Class A office buildings in high-growth U.S. markets. Here is some general information about the company's financials, earnings, and growth:

Financials:

* As of Q3 2021, Columbia Property Trust had total assets of approximately $6.1 billion, with a portfolio of 15 office properties located in New York, San Francisco, Washington D.C., and Boston.

* The company's revenue for the third quarter of 2021 was $136.6 million, compared to $141.8 million in the same period last year.

* As of September 30, 2021, the company had an occupancy rate of 91.7% and a debt-to-total-market-capitalization ratio of 33.6%.

Earnings:

* Columbia Property Trust reported a net loss of $20.8 million, or $0.21 per share, for the third quarter of 2021, compared to a net loss of $22.4 million, or $0.23 per share, for the same period last year.

* The company's normalized funds from operations (FFO) for the third quarter of 2021 was $0.31 per share, compared to $0.34 per share for the same period last year.

Growth:

* In May 2021, the company announced a major repositioning of its portfolio, with the sale of seven non-core properties for $720 million. These proceeds were used to pay down debt and fund the acquisition of a 50% stake in a 1.2 million sq ft office property in San Francisco.

* The company has also been investing in the renovation and repositioning of several of its properties, including its flagship 120 West 45th Street property in New York City.

* Columbia Property Trust has a strong balance sheet, with a robust liquidity position, providing the company with the financial flexibility to execute on its growth strategies.

Note: The financial information provided is based on the company's most recent quarterly report, and may not be up-to-date. It's recommended to check the company's latest financial reports and filings with the Securities and Exchange Commission (SEC) for the most current financial information.