Industrial Logistics Properties

Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics Properties. The company was founded on September 15, 2017 and is headquartered in Newton, MA.

Earnings data Q1 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ILPT reports mixed Q4 results, focuses on operational strength

ILPT's Q4 2022 performance reflected mixed financial results but showcased strong operational metrics and a focus on portfolio enhancement.
The company's emphasis on improving leverage, record leasing activity, and rising rents highlight its resilience and growth potential in the industrial logistics sector.
While facing challenges in financial metrics and capital structure optimization, ILPT remains well-positioned to capitalize on market opportunities and drive sustainable growth.

ILPT reports mixed Q1 results, eyes growth opportunities and portfolio optimization

ILPT's Q1 2023 performance reflected mixed results with declining FFO but strong EBITDAre growth. The company faces upcoming lease expirations and potential leasing hurdles, yet benefits from a stable portfolio and financial strength for future opportunities.

ILPT reports strong Q2 performance, focuses on strategic growth

ILPT demonstrated robust performance with notable rental rate increases and high portfolio occupancy
The company is strategically selling properties to strengthen its financial position and has a healthy cash reserve
Challenges include managing increased interest expenses and addressing analyst inquiries for clarity on growth strategies

ILPT maintains operational resilience and strategic focus amidst financial challenges

ILPT's Q3 2023 earnings call highlighted operational resilience with flat normalized FFO, increased adjusted EBITDAre, and improved same-property cash basis NOI.
The company emphasized transparency through reconciliations for non-GAAP financial numbers and showcased a focus on leverage reduction and liquidity management strategies.
Challenges in disposition activity and interest rate dynamics were discussed, while opportunities for revenue growth and portfolio optimization were identified.
Overall, ILPT's performance reflects a strategic approach to financial stability, operational efficiency, and growth potential in the industrial logistics sector.

ILPT reports strong Q4 performance with growth opportunities ahead

ILPT's Q4 2023 performance reflects a robust leasing activity and revenue growth driven by top tenants.
While facing challenges with upcoming lease expirations, the company is actively pursuing opportunities for portfolio expansion and rent optimization.
Overall, ILPT's strategic initiatives and strong tenant base position it well for continued growth and value creation.

ILPT posts robust Q1 results, eyes growth amid market challenges

ILPT delivered strong financial results and leasing performance in Q1 2024, supported by a healthy portfolio and favorable financing activities.
While facing localized challenges in certain markets, the company maintains a solid financial position with ample liquidity and a promising pipeline of deals.
ILPT's focus on optimizing leasing spreads and capitalizing on regional rent roll-ups positions it well to capitalize on growth opportunities and navigate market dynamics effectively.

ILPT reports robust Q2 earnings, poised for growth opportunities

ILPT's Q2 2024 performance reflects solid financial growth, driven by increased NOI and FFO, robust leasing activity, and a stable property portfolio.
Despite facing challenges such as upcoming lease expirations and higher interest expenses, the company's strengths in financial management and strategic planning position it well for future opportunities.
By leveraging its financial stability, proactive approach to debt management, and seizing growth opportunities, ILPT is poised to navigate challenges and drive continued success in the industrial real estate market.

ILPT reports strong Q3 growth, faces occupancy challenges and opportunities

ILPT demonstrated robust financial performance and operational resilience in Q3 2024
While facing challenges in occupancy and dividend maintenance, the company's strengths in portfolio size and tenant relationships position it well for growth
Strategic opportunities in leasing, interest rate management, and market expansion provide avenues for future success

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Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics properties. The company was founded on September 15, 2017 and is headquartered in Newton, MA.

NEWTON, Mass.--( BUSINESS WIRE )--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Tuesday, February 14, 2023. On Wednesday, February 15, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer Brian Donley will host a conference call to discuss these results.

Industrial Logistics Properties Trust Fourth Quarter 2022 Conference Call Scheduled for Wednesday, February 15th

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ILPT has plunged 85% this year. It is currently trading at an extremely low price-to-FFO ratio of 3.0 and, hence, some investors probably view the stock as a great bargain.

Industrial Logistics Properties Trust Seems Extremely Cheap But It Is Highly Risky

I wrote about Industrial Logistics Properties Trust ( ILPT , Financial) last year and also bought the stock. Since then, the stock price has been a disaster, down 86% year to date.

Why Industrial Logistics Properties Trust Should Recover

Industrial Logistics Properties Trust (NASDAQ:ILPT ) Q3 2022 Earnings Conference Call October 26, 2022 10:00 AM ET Company Participants Kevin Barry - Director, Investor Relations Yael Duffy - President & Chief Operating Officer Brian Donley - Chief Financial Officer & Treasurer Conference Call Participants Bryan Maher - B. Riley Securities Mitchell Germain - JMP Securities Tom Catherwood - BTIG Aditi Balachandran - RBC Capital Markets Operator Good morning, and welcome to the Industrial Logistics Properties Trust Third Quarter 2022 Financial Results Conference Call.

Industrial Logistics Properties Trust (ILPT) Q3 2022 Earnings Call Transcript

Industrial Logistics Properties Trust (ILPT) delivered FFO and revenue surprises of -30.30% and 1.15%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Industrial Logistics Properties Trust (ILPT) Lags Q3 FFO and Revenue Estimates

Industrial Logistics Properties Trust Announces Third Quarter 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Tuesday, October 25, 2022. On Wednesday, October 26, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 418-4826

Industrial Logistics Properties Trust Third Quarter 2022 Conference Call Scheduled for Wednesday, October 26th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Mr. Donley has more than 25 years of commercial real estate experience, including expertise in corporate finance and reporting, mergers and acquisitions, capital market transactions and compliance. He has served in various finance and accounting leadership roles at The RMR Group (Nasdaq:

Industrial Logistics Properties Trust Appoints Brian E. Donley as Chief Financial Officer and Treasurer

When this year started, I expected Industrial REITs to outperform the REIT average. The year is not over, but at this point Industrials are lagging the Equity REIT index, despite stellar operating performance, phenomenal rent spreads, and ongoing supply-demand imbalance in their favor.

Industrial Logistics Properties: Trying To Chew What They Bit Off

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has closed on a $1.235 billion debt financing with a final maturity date of October 9, 2027. The financing is secured by a portfolio of 104 industrial properties containing approximately 18.6 million square feet across 31 states. As of June 30, 2022, the 104 properties were 96.8% occupied with a weighted average remaining lease term of approximately 10.5 years. Simultaneously with the cl

Industrial Logistics Properties Trust Announces $1.235 Billion Debt Financing with a Final Maturity Date in October 2027

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Industrial Logistics Properties planned a big merger, but it hasn't worked out quite as well as hoped.

This Dividend Stock Bit Off More Than It Could Chew -- Should You Sell or Hold?

Industrial Logistics Properties Trust (NASDAQ:ILPT ) Q2 2022 Earnings Conference Call July 27, 2022 10:00 AM ET Company Participants Kevin Barry - Director, IR Yael Duffy - President & COO Richard Siedel - CFO & Treasurer Conference Call Participants Bryan Maher - B. Riley Securities Michael Carroll - RBC Capital Markets William Catherwood - BTIG Connor Siversky - Berenberg Mitchell Germain - JMP Securities Operator Good morning, and welcome to the Industrial Logistics Properties Trust Second Quarter 2022 Earnings Conference Call.

Industrial Logistics Properties Trust (ILPT) on Q2 2022 Results - Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended June 30, 2022. Yael Duffy, President and Chief Operating Officer of ILPT, made the following statement: “During the second quarter, ILPT experienced continued favorable operating trends, which included record leasing activity and same property occupancy of 99.3%. We executed 3.9 million square feet of leasing, including rent resets, at weighted average

Industrial Logistics Properties Trust Announces Second Quarter 2022 Results

Industrial Logistics has great properties in strong submarkets. ILPT stock also trades at a cheap multiple, but management is too great of an obstacle to overcome.

Industrial Logistics Properties Trust: Bad Management Strikes Again

The management cut the dividend by 97% to $0.01 per share to maintain its liquidity until it can complete the long-term financing plan. The Monmouth acquisition added great properties to ILPT's portfolio and diversified its “Hawaii-heavy” real-estate portfolio but crashed its debt ratios.

Industrial Logistics Properties Trust: Game Over For Income-Seeking Investors

This industrial REIT gave investors some unexpected bad news.

Here's Why This REIT Plunged by 23% on Thursday

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that ILPT's Board of Trustees has reduced ILPT's regular quarterly cash distribution on its common shares for the second quarter to $0.01 per share. This dividend will be paid to ILPT's common shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022. Earlier this year, ILPT closed on the strategic acquisition of Monmouth Real Estate Investme

Industrial Logistics Properties Trust Reduces Dividend for Second Quarter to $0.01 Per Share

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Tuesday, July 26, 2022. On Wednesday, July 27, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer Richard Siedel will host a conference call to discuss these results. The conference call telephone number is (877) 418-4826. P

Industrial Logistics Properties Trust Second Quarter 2022 Conference Call Scheduled for Wednesday, July 27th

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NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that President and Chief Operating Officer Yael Duffy will be presenting at Nareit's REITweek: 2022 Investor Conference in New York, NY on Tuesday, June 7, 2022 at 3:45 p.m. Eastern Time. A live audio webcast of the presentation will be available in a listen-only mode on the company's website at www.ilptreit.com/investors/events-and-presentations. Participants wanting to access the webcast shoul

Industrial Logistics Properties Trust to Present at Nareit's REITweek: 2022 Investor Conference on Tuesday, June 7th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) announced the results of its 2022 Annual Meeting of Shareholders which was held today. Lisa Harris Jones was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Lisa Harris Jones 69.2% Joseph L. Morea was re-elected as an Independent Trustee. The final tabulation of the perce

Industrial Logistics Properties Trust Announces Annual Meeting Results

This minnow outbid some whales to swallow a bigger fish. There's some indigestion to work through.

News for Industrial Logistics Properties Stock (ILPT)