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Jun 30, 2022
ILPT Q2 2022 Earnings Report
Experienced continued favorable operating trends, including record leasing activity and same property occupancy of 99.3%.
Key Takeaways
ILPT announced its Q2 2022 financial results, which included a net loss attributable to common shareholders of ($2.20) per share and Normalized FFO attributable to common shareholders of $0.43 per share. The company executed 3.9 million square feet of leasing at 61% higher rental rates. Same Property Cash Basis NOI increased 2.6% compared to the same period last year.
Executed 3.9 million square feet of leasing at 61% higher rental rates.
Net loss attributable to common shareholders was ($2.20) per share, inclusive of a $100.7 million loss on impairment of real estate.
Normalized FFO attributable to common shareholders was $0.43 per share.
Same Property Cash Basis NOI increased 2.6% compared to the same period last year.
Forward Guidance
ILPT's forward-looking statements involve known and unknown risks, uncertainties, and other factors, some of which are beyond ILPT's control.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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