Two Directors at Industrial Logistics Properties Trust bought 70,000 shares at between 3.683USD and 3.768USD. The significance rating of the trade was 78/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company...
NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter ended March 31, 2018. ILPT was formed in 2017 as a wholly owned subsidiary of Select Income REIT (Nasdaq: SIR). On January 17, 2018, ILPT sold approximately 30.8% of its common shares in an initial public offering, or the IPO, and became a separate public company. For periods prior to January 17, 2018, ILPT’s historical results of operations and financial position have been derived from the financial ...
NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a prorated cash distribution on its common shares of $0.27 per common share for the period from January 17, 2018 (the effective date of ILPT’s initial public offering) through March 31, 2018. This pro-rated cash distribution is based upon a quarterly dividend rate of $0.33 per share ($1.32 per share per year). This pro-rated distribution will be paid to ILPT’s common shareholders of record as of the close of business on April 30, 2018...
NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its first quarter 2018 financial results before the Nasdaq opens on Friday, April 27, 2018. At 10:00 a.m. Eastern Time that morning, President John Popeo and Chief Financial Officer Richard Siedel will host a conference call to discuss these results. The conference call telephone number is (877) 270-2148. Participants calling from outside the United States and Canada should dial (...
NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that John C. Popeo has been elected as a Managing Trustee of ILPT effective March 27, 2018 to fill a vacancy on the Board. Mr. Popeo (age 57) is the President and Chief Operating Officer of ILPT. In addition, Mr. Popeo is Executive Vice President of The RMR Group LLC, is Chief Financial Officer and Treasurer of Select Income REIT, the owner of approximately 69.2% of ILPT’s outstanding common shares and has served as the chief...
NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq:ILPT) today announced that the syndication of its $750 million unsecured revolving credit facility has closed. The maturity date of the credit facility is December 29, 2021, with the option to extend the maturity date for two additional six month periods, subject to payment of extension fees and satisfaction of other conditions. Amounts outstanding under ILPT’s credit facility bear interest at a variable annual rate equal to LIBOR plus a premium, w...
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