October 11, 2017
INDIANAPOLIS, Oct. 11, 2017 (GLOBE NEWSWIRE) -- DUKE REALTY CORPORATION (NYSE:DRE), a leading industrial property REIT included in the S&P 500 Index, announced today that its operating partnership, Duke Realty Limited Partnership, amended and restated its $1.2 billion unsecured revolving credit facility which was set to mature in January 2019. The amended and restated credit facility matures January 2022, allows two six-month extensions, and includes an uncommitted incremental facility, which allows the credit facility to be increased by up to $800,000,000 through the addition of revolving credit commitments or term loan commitments for an aggregate credit facility of up to $2.0 billi...
October 04, 2017
INDIANAPOLIS, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE) today announced that the company will release its third quarter 2017 operating results on Wednesday, October 25th, after the market close. The company will host its quarterly earnings conference call on Thursday, October 26th, 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 ac...
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.