BLOOMFIELD HILLS, Mich. - Taubman Centers Inc., a shopping mall real estate investment trust, reaffirmed its 2008 funds from operations outlook after reporting first-quarter funds from operations improved.


| TCO | 48.7 |
The company said late Tuesday that it still expects full-year FFO between $3.05 and $3.12 per share.
Analysts surveyed by Thomson Financial predict FFO of $3.08 per share.
Funds from operations, or FFO, which adds such items as amortization and depreciation back to net income, is considered a key measure of REIT strength because it gives a more accurate picture of cash performance.

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