Duke Realty Reports First Quarter 2020 Results
Duke Realty Corporation (DRE)
Last duke realty corporation earnings: 4/29 04:07 pm
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US:NYSE Investor Relations:
investor.dukerealty.com
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Source: GlobeNewswire
No Significant Debt Maturities until 2022 due to Significant Refinancing Transactions $117 Million in Fully Leased Development Starts 32.7 Percent Growth in Net Effective Rents on First Quarter Leasing Activity In Service Properties 96.5 Percent Leased 2020 Guidance Updated INDIANAPOLIS, April 29, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the largest domestic-only logistics REIT, today reported results for the first quarter of 2020. Jim Connor, Chairman and Chief Executive Officer, said, “We closed the first quarter of 2020 in the midst of a global health crisis and an unprecedented economic downturn, which have fundamentally changed our outlook on 2020 compared to three months ago. That said, even after revising our 2020 guidance as the result of the COVID-19 pandemic, our midpoint guidance for Core FFO and AFFO still reflects an increase over 2019 results, which is impressive considering the unprecedented nature of current events and the fact that 2019
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