Industrial Logistics Properties Trust (ILPT) reports Q3 FFO of 39c

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Go back to Industrial Logistics Properties Trust (ILPT) reports Q3 FFO of 39c

Industrial Logistics Properties Trust Announces Third Quarter 2018 Results

October 26, 2018 7:00 AM EDT

Third Quarter Net Income of $0.28 Per Share

Third Quarter Normalized FFO of $0.39 Per Share

Third Quarter Same Property Cash Basis NOI Increased by 1.5%

NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter and nine months ended September30, 2018.

John Popeo, President and Chief Executive Officer of ILPT, made the following statement:

"We are pleased to announce that during the third quarter we acquired two properties for an aggregate purchase price of... More