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CommonWealth REIT Management Discusses Q2 2012 Results - Earnings Call Transcript

CommonWealth REIT (CWH)

Q2 2012 Earnings Call

August 8, 2012 1:00 PM ET

Executives



Tim Bonang – VP, IR

Adam Portnoy – President and Managing Trustee

John Popeo – CFO

Analysts



John Guinee – Stifel Nicolaus

Michael Bilerman – Citigroup

Josh Attie – Citigroup

Presentation



Operator

Good day and welcome to the CommonWealth REIT Second Quarter 2012 Financial Results Conference Call. This call is being recorded.

At this time, for opening remarks and introductions, I would now like to turn the call over to the Vice President of Investor Relations, Mr. Tim Bonang. Please go ahead, sir.

Tim Bonang

Thank you and good afternoon. Joining me on today’s call are Adam Portnoy, President and Managing Trustee; and John Popeo, our Chief Financial Officer.

The agenda for today’s call includes a presentation by management, followed by a question-and-answer session. I would also note that the recording and retransmission of today’s conference call is strictly prohibited without prior written consent of CommonWealth.

Before we begin today’s call, I would like to read our Safe Harbor statement. Today’s conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based on CommonWealth’s present beliefs and expectations as of today, August 8, 2012.

The company undertakes no obligation to revise or publicly release the results of any revision to the forward-looking statements made in today’s conference call other than through filings with the Securities and Exchange Commission or SEC regarding this reporting period. In addition, this call may contain non-GAAP numbers, including funds from operations, or FFO, normalized FFO and cash available for distribution, or CAD.

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