Industrial Logistics Properties Trust (ILPT) Misses Q1 EPS by 13c, Revenues Beat

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Industrial Logistics Properties Trust Announces First Quarter 2019 Results

April 29, 2019 7:00 AM EDT

Completed Two Portfolio Acquisitions Totaling $904.7 Million Since January 2019

Obtained $650.0 Million of Mortgage Financing on Hawaii Properties at Appraised Value of More Than $1.4 Billion

First Quarter Net Income of $0.26 Per Share

First Quarter Normalized FFO of $0.41 Per Share

NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter ended March31, 2019.

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

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