Duke Realty Reports Fourth Quarter and Full Year 2019 Results
Duke Realty Corporation (DRE)
Last duke realty corporation earnings: 4/29 04:07 pm
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Source: GlobeNewswire
32.1 Percent Growth in Rents on Fourth Quarter Leasing Activity Significant Lease-Up of Speculative Projects Development Pipeline Exceeding $1 Billion and 56 Percent Pre-Leased 2020 Guidance Issued INDIANAPOLIS, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the largest domestic-only, logistics REIT, today reported results for the fourth quarter and full year 2019. Jim Connor, Chairman and Chief Executive Officer, said, “We had a great fourth quarter, which was a strong finish to a year of superb operational performance. Fourth quarter lease-up of speculative projects set the stage for further growth and a great start to 2020. During the quarter, we executed 2.3 million square feet of first generation leasing of speculative development properties, stabilizing four in-service properties and leasing a one million square foot property that we began last March and is still under development. This leasing activity outperformed our original underwriting, in
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