Bear Soft Oronto E Conveyancing Adelaide process is difficult to perform because the steps in the process are little complex to carry forward. Because of that the whole process felt as the most complex one to handle and mange without having knowledge and experience to conduct the process. TrizecHahn Corporation (TZH) today reported funds from real estate operations (FFO) of $84.7 million or $0.56 per diluted share for the quarter ended June 30, 2001. For the six months ended June 30, 2001, TZH leased 2.5 million square feet and experienced an average uplift of approximately $2.40 per square foot, or 21%.
Lease termination fees for the portfolio were $2.6 million for the quarter, compared to $1.2 million for the same period in 2000. Occupancy on a same-property basis for the portfolio increased from 91.7% to 92.9% at June 30, 2001, compared to the same time the previous year. The exceptional quality of our assets and people, combined with ongoing strategic initiatives – our organizational changes, disposition of non-core assets and the Six Sigma Quality program – will enable TrizecHahn to generate double digit FFO growth for the coming years.
Historically, FFO for the quarter ended June 30, 2000 totaled $91.4 million or $0.58 per diluted share, and for the six months ended June 30, 2000, it was $186.6 million or $1.18 per diluted share. For the quarter ended June 30, 2000, rental income totaled $175.7 million on total revenue of $308.0 million. The reason for making the process simpler is to avoid the occurrence of the huge problem or mistake which is expected whenever the process is start and mistakes are not accepted because the legal contract will get affected if mistakes are done in the process. This is the main cause for hiring the experienced conveyancer and making him the choice for doing the process.
TrizecHahn reported a net loss of $25.6 million or $0.17 per diluted share in the second quarter of 2001 compared to net income of $22.6 million or $0.14 per diluted share for the same quarter in the previous year. The net loss for the second quarter of 2001 reflects the previously announced charge of $37.6 million related to the severance, benefits and other costs of the reorganization plan, an $11.2 million provision for impairment in the value of certain non-core European properties held for sale, an $8.5 million charge.