Industrial Logistics Properties Trust (ILPT)
Market Closed
3 Jun, 20:00
$
8. 6900
-0.2
-2.25%
$
592.66M Market Cap
- P/E Ratio
0.2% Div Yield
354,984 Volume
0 Eps
$ 8.89
Previous Close 
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Industrial Logistics Properties Trust: In A Tough Place
Industrial Logistics Properties Trust shares have plummeted due to high leverage, an ill-timed acquisition, higher interest rates, and governance issues. Industrial Logistics Properties owns over 400 industrial and logistics properties with a 99% occupancy rate and a weighted average remaining lease term of 8 years. The company's overleverage, variable rates, and poor governance have created a nightmare scenario for investors, despite the potential for value unlocking through asset sales.
Seekingalpha | 1 year ago
