Adjusted Funds from Operations (AFFO)

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Sydney Morning Herald  Nov 1  Comment 
Nowadays, reading a property report is like trying to make sense of a prescription from a doctor. It's all long words and jargon, which at the end of the day boils down to either a profit or a loss.
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A measure of a Real Estate Investment Trust (REIT)'s financial performance. This metric takes into account a REIT's Funds From Operations (FFO) and adjusts for recurring spending the company does to maintain the quality of its underlying real estate assets.

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