Empire State Realty Trust reported its Q4 2020 results, with earnings per share of ($0.00) and Core FFO of $0.17 per fully diluted share. The company highlighted its strong liquidity position of $1.6 billion and no outstanding debt maturity through 2024.
Earnings per share was ($0.00) per fully diluted share.
Core Funds From Operations (“Core FFO”) was $0.17 per fully diluted share.
Collected 95% of fourth quarter 2020 total billings with 96% for office tenants and 87% for retail tenants.
Strong liquidity position of $1.6 billion as of December 31, 2020.
The Company remains confident attendance will return to pre COVID-19 levels, though that will take time and is not anticipated to occur in 2021.
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