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Stock impact report

Industrial Logistics Properties Trust Announces First Quarter 2020 Results

Industrial Logistics Properties Trust - Common Shares of Beneficial Interest (ILPT) 
Last industrial logistics properties trust - common shares of beneficial interest earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Business Wire
First Quarter Net Income Attributable to Common Shareholders of $0.20 Per ShareFirst Quarter Normalized FFO Attributable to Common Shareholders Increased 12.2% to $0.46 Per ShareFormed First Joint Venture, Raising Equity Capital at Net Asset Value to Reduce Debt NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter ended March 31, 2020.John Murray, President and Chief Executive Officer of ILPT, made the following statement:“We are focused on and concerned by the impact the COVID-19 pandemic has had on the economy and the real estate industry, but believe we are well positioned to weather disruptions which may affect our business. The industrial and logistics sector and many of our tenants are critical to sustaining a resilient supply chain to support essential services and daily consumption across the nation. Our liquidity remains strong with approximately $20 million of cash and nearly $500 million of Show less Read more
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