Centerspace announces improved financial outlook and first quarter leasing activity

Minneapolis, april 19, 2021 /prnewswire/ -- centerspace (nyse: csr) announces 122% increase to its mid-point earnings per share outlook and 4.2% increase to its mid-point core ffo outlook for 2021 based on improved first quarter leasing activity. financial outlook with faster than anticipated vaccination rates, increased financial stimulus, acceleration of rent growth and the expectation of lower expense growth for the year, centerspace has revised its outlook for 2021 upwards and the midpoint of guidance is rising from $3.455 to $3.60 for core ffo.
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