ILPT News & Events

CEO Yaei Duffy said, "We finished the year with exceptional momentum, delivering one of the strongest quarters in ILPT's history. In the fourth quarter, Normalized FFO grew 113% and same property Cash Basis NOI rose 5.2%, year over year, highlighting the strength of our industrial portfolio and the successful execution of our strategic initiatives. We achieved record quarterly leasing volume, completing approximately 4.0 million square feet at a weighted average rent-roll up of 25.7% and ending the quarter with consolidated occupancy of 94.5%. For the full year, ILPT generated a total shareholder return of more than 55%, outperforming the industrial sector benchmark and ranking third among all U.S. REITs."

Industrial Logistics Properties Trust announced that Yael Duffy has been appointed as a managing trustee and president and CEO of ILPT, effective January 1, 2026. Duffy has been president of ILPT since April 2022 and its COO since May 2020.

Reports Q3 revenue $110.94M, consensus $111.69M. The company said: "Our third quarter results continue to highlight the solid operating fundamentals of our portfolio, as ILPT generated sequential and year over year growth in many of its key metrics including FFO, Cash Basis NOI and EBITDAre."

Reports Q2 revenue $112.1M, consensus $111.94M.