Industrial Logistics Properties Trust First Quarter 2022 Conference Call

Rhea-AI Summary

Industrial Logistics Properties Trust (Nasdaq: ILPT) will release its first quarter 2022 financial results after the market closes on April 26, 2022. A conference call will be held on April 27, 2022, at 10:00 a.m. ET, featuring President Yael Duffy and CFO Richard Siedel. The call can be accessed by dialing (877) 418-4826 within the U.S. or (412) 902-6758 from abroad. ILPT's portfolio includes 288 properties across 31 states, with over 70% of rental revenue from investment-grade tenants. The company aims to address the growing demand in e-commerce logistics.

Positive

• Acquisition of Monmouth Real Estate enhances portfolio by adding 126 Class A e-commerce properties with over 26 million square feet.
• More than 70% of rental revenue comes from investment-grade tenants, ensuring financial stability.

Negative

• None.

Scheduled for Wednesday, April 27^th

NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Tuesday, April 26, 2022. On Wednesday, April 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. 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 4, 2022. To access the replay, dial (412) 317-0088. The replay pass code is 7290774.

A live audio webcast of the conference call will also be available in a listen-only mode on the company’s website, which is located at www.ilptreit.com. Participants wanting to access the webcast should visit the company’s website about five minutes before the call. The archived webcast will be available for replay on the company’s website after the call.

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties that serve the growing needs of e-commerce. As of December 31, 2021, ILPT’s portfolio consisted of 288 properties containing 34 million rentable square feet in 31 states. More than 70% of ILPT’s annual rental revenues are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. On February 25, 2022, ILPT closed its acquisition of Monmouth Real Estate Investment Corporation, adding 126 Class A, single tenant, net leased, e-commerce focused industrial properties containing over 26 million square feet of space. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with more than $33 billion in assets under management as of December 31, 2021 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220328005925/en/

Kevin Barry, Director, Investor Relations

(617) 658-0776

Source: Industrial Logistics Properties Trust

FAQ

When will Industrial Logistics Properties Trust announce its Q1 2022 financial results?

Industrial Logistics Properties Trust will announce its Q1 2022 financial results after market close on April 26, 2022.

What is the significance of the acquisition of Monmouth Real Estate for ILPT?

The acquisition of Monmouth Real Estate adds 126 Class A, e-commerce focused properties, enhancing ILPT's portfolio and addressing the demand for logistics space.

How can investors access the conference call for ILPT's Q1 2022 results?

Investors can access the conference call by dialing (877) 418-4826 or (412) 902-6758 for international participants on April 27, 2022, at 10:00 a.m. ET.

What percentage of ILPT's rental revenue is derived from investment-grade tenants?

More than 70% of Industrial Logistics Properties Trust's annual rental revenues come from investment-grade tenants.

What is the total size of ILPT's property portfolio?

As of December 31, 2021, ILPT's portfolio consists of 288 properties with a total of 34 million rentable square feet.