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Stock impact report

LXP Industrial Trust Reports Fourth Quarter 2023 Results [Yahoo! Finance]

LXP Industrial Trust (Maryland REIT) (LXP) 
Last lxp industrial trust (maryland reit) earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lxp.com
Company Research Source: Yahoo! Finance
warehouse/distribution real estate investments, today announced results for the fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights Recorded Net Income attributable to common shareholders of million, or per diluted common share. Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (“Adjusted Company FFO”) of million, or per diluted common share. Increased Industrial Same-Store NOI 4.1% in 2023 compared to the same period in 2022. Completed million square feet of new leases and lease extensions, raising Industrial Base and Cash Base Rents by and , respectively ( and , respectively excluding fixed-rate renewals). Extended the million term loan until January 31, 2027. Issued million aggregate principal amount of Senior Notes due 2028. Invested an aggregate of million in development activities, including million in ongoing development projects. Placed into service warehouse/distribution facilitie Show less Read more
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