Duke Realty Joins Other Leading Industrial REITs in Conforming Certain Non-GAAP Operating Metrics
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
INDIANAPOLIS, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE) (the “Company”) today announced that a group of leading industrial real estate investment trusts, including, along with the Company, DCT Industrial Trust Inc. (DCT), EastGroup Properties Inc. (EGP), First Industrial Realty Trust, Inc. (FR), Liberty Property Trust (LPT), Prologis Inc. (PLD), and STAG Industrial Inc. (STAG) (the “Industrial REIT Group”), has agreed on consistent methodologies to calculate various non-GAAP property operating metrics. These non-GAAP metrics include common methodologies for determining property stabilization and occupancy as well as reporting of comparative changes in rental rates and tenant retention rates. In addition, the Industrial REIT Group has agreed on the definition of the annual pool of properties (“same property pool”) used in calculating same-store or same-property net operating income growth (“same property NOI”). Specifically, the annual same property pool wi
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