August 07, 2017
Lodging industry veteran brings commercial real estate and finance experience to nationwide industrial REIT
INDIANAPOLIS, Aug. 07, 2017 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE), a leading industrial property REIT (Real Estate Investment Trust), announces that Norman K. Jenkins, President, Chief Executive Officer and Managing Partner of Capstone Development, LLC, has been named to its Board of Directors. Capstone is a privately held owner and developer of institutional-quality lodging assets that currently owns 26 hotels in 11 states and the District of Columbia with a value in excess of $1.4 billion.
“On behalf of the Board of Directors of Duke Realty, we are extremely hap...
July 26, 2017
$2.45 Billion of Previously Announced $2.95 Billion Medical Office Sales Completed at 4.6 Percent In-Place Cap Rate
18.7 Percent Rent Growth on Leases
2017 Guidance Updated
INDIANAPOLIS, July 26, 2017 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE), a leading industrial property REIT, today reported results for the second quarter of 2017.
•Net income per diluted share was $3.38 for the quarter. Funds from Operations (“FFO”) per diluted share, as defined by the National Association of Real Estate Investment Trusts (“NAREIT”), was $0.36 for the quarter while Core Funds from Operations (“Core FFO”) per diluted share was $0.32 for the quarter.
July 10, 2017
INDIANAPOLIS, July 10, 2017 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE) today announced that the Company will release its second quarter 2017 operating results on Wednesday, July 26th, after the market close. The Company will host its quarterly earnings conference call on Thursday, July 27th, at 3:00 p.m. Eastern Time.
The public may access the conference call through a live audio webcast available on the investor relations section of Duke Realty’s website at www.dukerealty.com. Supplemental materials will be posted to the investor relations section of the Company's website prior to the conference call. Shortly after the conclusion of the conference call, investors can acces...
May 01, 2017
Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT
INDIANAPOLIS, IN -- (Marketwired) -- 05/01/17 -- Duke Realty Corporation (NYSE: DRE) (the "Company") entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical office business, including its remaining portfolio (the "HTA Portfolio and Business") in a transaction expected to close in stages through the second and third quarters of 2017 for a purchase price of $2.8 billion. The sale of the HTA Portfolio and Business, when combined with the previously disclosed and completed ten-building po...