Liberty

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One Liberty Properties 3rd-qtr FFO up 22 percent

November 6, 2009 By The Associated Press  

GREAT NECK, N.Y. (AP) — One Liberty Properties Inc. on Friday said its third-quarter funds from operations rose 22 percent as rental income rose.

The real estate investment trust, which focuses on commercial properties, said funds from operations rose to $5.7 million, or 51 cents per share, compared with $4.7 million, or 42 cents per share a year ago.

FFO, a widely used gauge of real...

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