Duke Realty Reports Third Quarter 2019 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
9.3 Percent Increase to Quarterly Dividend 26.8 Percent Growth in Rents on Leasing Activity Quarterly Leasing Volume of 7.0 Million Square Feet 2019 Earnings and Development Guidance Updated INDIANAPOLIS, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the largest domestic-only, logistics REIT, today reported results for the third quarter 2019. Jim Connor, Chairman and Chief Executive Officer, said, "I'm happy to announce our third quarter operating results, which were highlighted by 7.0 million square feet of leasing activity and continued strong rent growth on second generation leases. Through the lease-up of recently completed speculative developments and renewing or backfilling 83 percent of our expirations, we increased our in-service occupancy from 95.4 percent to 96.2 percent during the third quarter, which will continue to drive growth in total portfolio net operating income. Same-property net operating income growth was 2.8 percent and 4.9 perc
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