September 04, 2018
INDIANAPOLIS, Sept. 04, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $450 million of its 4.00% senior unsecured notes due September 15, 2028. The notes were priced at 98.926% of their face amount to yield 4.132% to maturity. The Operating Partnership intends to use the net proceeds from this offering to repay $224 million of secured debt, fund development, repay borrowings under its revolving credit facility and for general corporate purposes. The offering is expected to close on Sep...
July 25, 2018
In-Service Occupancy Increased to 97.4 percent
$393 Million of Development Starts
22.1 percent Growth in Rents on Leasing Activity
Earnings Guidance Increased
INDIANAPOLIS, July 25, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE), the largest domestic only, industrial REIT today reported results for the second quarter 2018.
Jim Connor, Chairman and Chief Executive Officer said, "Our leasing activity has continued at a very strong pace, well ahead of a year ago, which is impressive given our already high occupancy levels. In particular, we have continued to lease up our speculative developments much faster than originally anticipated. During the quarter, we executed 7.8 ...
June 27, 2018
INDIANAPOLIS, June 27, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE) today announced that the company will release its second quarter operating results on Wednesday, July 25th, after the market close. The company will host its operating results conference call on Thursday, July 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 access a re...
April 25, 2018
Increased In-Service Occupancy to 97.0 percent
25.6 percent Growth in Rent on Leasing Activity
2018 Guidance Updated
INDIANAPOLIS, April 25, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE), the largest pure-play, domestic only, industrial REIT in the United States, today reported results for the first quarter 2018.
Jim Connor, Chairman and Chief Executive Officer said, "We started 2018 with strong leasing activity, executing over 6.9 million square feet of total leases. We renewed 68 percent of expiring leases and, after considering expiring leases with immediate backfills, we re-leased 94 percent of our expirations. New and renewal leases executed during the quarter wi...