Shopping center-focused real estate investment trust Whitestone REIT provided initial funds-from-operations and core FFO per-share guidance within the respective ranges of 96 cents to $1.01 and $1.19 to $1.24 for the full year 2018.
The S&P Capital IQ consensus FFO-per-share estimate for the year is $1.32.
In addition, the company wrapped up the sale of Bellnott Square in Houston for $4.7 million after the fourth quarter of 2017.
Whitestone expects to log a gain of roughly $300,000 in connection with the sale.
