|
|
16.06.25 - 14:06
|
Industrial Logistics Properties Trust Prices $1.16 Billion Fixed Rate Mortgage Financing (Business Wire)
|
|
Financing Proceeds Plus $75 Million of Cash on Hand Will Be Used to Repay $1.235 Billion of Floating Rate Mortgage DebtNEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has priced $1.16 billion of five-year, interest-only fixed rate mortgage financing. The new financing is secured by a portfolio of 101 industrial properties located on the U.S. mainland and Hawaii. The closing is expected to occur on or about June 26, 2025. The financing proceeds and $75 million of cash on hand will be used to fully repay $1.235 billion of floating rate mortgage debt due in October 2025, currently secured by substantially the same portfolio of properties. The new mortgage financing is expected to reduce ILPT's interest expense by decreasing the amount of debt outstanding, lowering the interest rate to a fixed 6.399% and eliminating the need to purchase future interest rate caps on this tranche of debt.
Tiffany Sy, Chief Financial Officer and Treasurer of ILPT, mad...
|
|
|
|
29.04.25 - 22:21
|
Industrial Logistics Properties Trust Announces First Quarter 2025 Results (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Results section of ILPT's website at https://www.ilptreit.com/investors/financials-information/quarterly-results/default.aspx.
A conference call will be held on Wednesday, April 30, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 418-4826 or (412) 902-6758 (if calling from outside the United States and Canada); a pass code is not required. A replay of the conference call will be available for one week by dialing (877) 344-7529; the replay pass code is 8454464. A live audio webcast of the conference call will also be available in a listen-only mode on ILPT's website, at www.ilptreit.com. The archived webcast will be available for replay on ILPT's website after the call. The transcription, recording and retransmission in any way of ILPT's first quarter conference call are ...
|
|
|
|
10.04.25 - 22:33
|
Industrial Logistics Properties Trust Announces Quarterly Dividend on Common Shares (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to ILPT's common shareholders of record as of the close of business on April 22, 2025 and distributed on or about May 15, 2025.
About Industrial Logistics Properties Trust
ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2024, ILPT's portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2024 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $40 billion in ...
|
|
01.04.25 - 22:18
|
Industrial Logistics Properties Trust First Quarter 2025 Conference Call Scheduled for Wednesday, April 30th (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its first quarter 2025 financial results after the Nasdaq closes on Tuesday, April 29, 2025. On Wednesday, April 30, 2025 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy, Chief Financial Officer and Treasurer Tiffany Sy and Vice President Marc Krohn will host a conference call to discuss these results.
The conference call telephone number is (877) 418-4826. Participants calling from outside the United States and Canada should dial (412) 902-6758. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. on Wednesday, May 7, 2025. To access the replay, dial (877) 344-7529. The replay pass code is 8454464.
A live audio webcast of the conference call will also be available in...
|
|
|
18.02.25 - 22:18
|
Industrial Logistics Properties Trust Announces Fourth Quarter 2024 Results (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended December 31, 2024, which can be found at the Quarterly Results section of ILPT's website at https://www.ilptreit.com/investors/financials-information/quarterly-results/default.aspx.
A conference call will be held on Wednesday, February 19, 2025 at 1:00 p.m. Eastern Time. The conference call may be accessed by dialing (877) 418-4826 or (412) 902-6758 (if calling from outside the United States and Canada); a pass code is not required. A replay of the conference call will be available for one week by dialing (877) 344-7529; the replay pass code is 5593087. A live audio webcast of the conference call will also be available in a listen-only mode on ILPT's website, at www.ilptreit.com. The archived webcast will be available for replay on ILPT's website after the call. The transcription, recording and retransmission in any way of ILPT's fourth quarter conference cal...
|
|
27.01.25 - 23:21
|
Bryan Maher Joins The RMR Group to Head Investor Relations (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced that Bryan Maher joined the company to lead Investor Relations for RMR and its publicly traded client companies: Service Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial Logistics Properties Trust (Nasdaq: ILPT), and Seven Hills Realty Trust (Nasdaq: SEVN). Mr. Maher will serve as a Senior Vice President of RMR.
Mr. Maher joins RMR with more than 25 years of experience in equity research and investment banking in the commercial real estate industry. Most recently, Mr. Maher was a senior analyst and managing director at B. Riley Securities covering real estate investment trusts (REITs), the lodging industry and alternative asset managers. Previously, he held positions in finance at Craig-Hallum Capital, Citadel Securities and RBC Capital Markets.
Mr. Maher succeeds Timothy Bonang, who is retiring from RMR on May 1, 2025 and resigning from his RMR of...
|
|
|
21.01.25 - 22:21
|
Industrial Logistics Properties Trust Announces 2024 Dividend Allocation (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows:
ILPT Common Shares
Dividend Allocation Per Share
Section
Total
Unrecaptured
Declaration
Record
Paid/Payable
Dividends
Ordinary
199A
Qualified
Capital
Section 1250
Return of
Dates
Dates
Dates
Per Share
Income
Dividend(1)
Dividend(2)
Gain
Gain(3)
Capital
01/11/24
01/22/24
02/15/24
$0.01
$0.0000
$0.0000
$0.0000
$0.0000
$0.0000
$0.0100
04/11/24
04/22/24
05/16/24
$0.01
$0.0000
$0.0000
$0.0000
$0.0000
$0.0000
$0.0100
07/11/24
07/22/24
08/15/24
$0.01
$0.0000
$0.0000
$0.0000
$0.0000
$0.0000
$0.0100
10/16/24
10/28/24
11/14/24
$0.01
$0.0000
$0.0000
$0.0000
$0.0000
$0.0000
$0.0100
TOTALS:
$0.04
$0.0000
$0.0000
$0.0000
$0.0000
$0.0000
$0.0400
(1)
Section 199A Dividends are a subset of, and included in, th...
|
|
21.01.25 - 14:03
|
Industrial Logistics Properties Trust Fourth Quarter 2024 Conference Call Scheduled for Wednesday, February 19th (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq closes on Tuesday, February 18, 2025. On Wednesday, February 19, 2025 at 1:00 p.m. Eastern Time, President and Chief Operating Officer Yael Duffy, Chief Financial Officer and Treasurer Tiffany Sy and Vice President Marc Krohn will host a conference call to discuss these results.
The conference call telephone number is (877) 418-4826. Participants calling from outside the United States and Canada should dial (412) 902-6758. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. on Wednesday, February 26, 2025. To access the replay, dial (877) 344-7529. The replay pass code is 5593087.
A live audio webcast of the conference call will also be ...
|
|
|
16.01.25 - 14:03
|
Industrial Logistics Properties Trust Announces Quarterly Dividend on Common Shares (Business Wire)
|
|
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to ILPT's common shareholders of record as of the close of business on January 27, 2025 and distributed on or about February 20, 2025.
About Industrial Logistics Properties Trust
ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of September 30, 2024, ILPT's portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of September 30, 2024 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with nearly $41 ...
|
|
|
|
|