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ORLANDO-Commercial Net Lease Realty Inc. has ended a booming first half, reporting higher earnings, revenue and funds from operations compared to the same periods a year ago, according to Kevin B. Habicht, the REIT’s chief financial officer.

CNLR posted second-quarter net earnings of $27.69 million versus $11.31 million in the same period a year ago. For the six months, the locally based REIT reported $52.69 million versus $26.16 million in the comparable 2004 period.

Second-quarter revenue totaled $36.37 million versus $32.54 million in second quarter 2004. First-half revenue totaled $69.35 million compared to $62.2 million in the same 2004 period.

FFO available to common shareholders in the second quarter totaled $20.43 million versus $14.8 million in same 2004 period. First-half FFO totaled $40.03 million compared to $33.2 million in first half 2004. FFO per diluted common share totaled 38 cents versus 29 cents a year ago at this time. For the six months ended June 30, FFO per diluted common share was 75 cents versus 65 cents in the same 2004 period.

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