Commercial Net Lease REALTY,INC:2002 Annual Report
- Topics:
- Investor Relations
- Tags:
- Asset Management,
- Mergers & Acquisitions,
- Investment,
- Financial Planning,
- Financial Accounting,
- Finance,
- Dividend,
- Company,
- Commercial Net Lease REALTY,
- Business Operations,
- ...
- Source:
- Commercial Net Lease REALTY
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Overview: Commercial Net Lease REALTY,INC presents an annual report for the year 2002 . The company acquires, owns, manages and indirectly develops net-leased, single-tenant properties in the 7,500 – 100,000 square foot range nationwide. The 2002 dividend of $1.27 per share marks our thirteenth consecutive year of increased dividends paid to shareholders. The company is one of only 252 of the more than 10,000 publicly traded companies in America that have increased dividends for twelve or more consecutive years. The goals for 2003 include maintaining the occupancy levels, increasing the acquisitions for the core portfolio and improving the profitability in the Build Suit and Acquisitions/1031 Exchange operating groups. In addition to the one building under construction and 10 buildings under a sale and purchase agreement as of December 31, 2002, the Company may elect to acquire or develop additional properties, either directly or indirectly through investment interests, in the future. Such property acquisitions and development are expected to be the primary demand for additional capital in the future. The Company anticipates that it may engage in equity or debt financing, through either public or private offerings of its securities for cash, issuance of such securities in exchange for assets, disposition of assets or a combination of the foregoing.
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Format: PDF | Size: 1,761KB | Date: Jan 2002 | Pages: 76
