Welcome to our dedicated page for Indus Realty Trust news (Ticker: INDT), a resource for investors and traders seeking the latest updates and insights on Indus Realty Trust stock.
Griffin Industrial Realty, Inc. (INDT) is a leading developer of industrial and commercial facilities, providing investors and businesses with critical updates on its strategic growth. This page aggregates official announcements, financial reports, and operational developments to serve as a comprehensive resource for tracking the company’s progress in the real estate sector.
Access curated updates on earnings results, property acquisitions, and facility expansions to monitor INDT’s market position. Our collection ensures stakeholders stay informed about tenant partnerships, economic impact initiatives, and portfolio enhancements that drive long-term value.
Key updates include developments in strategic location investments, leasing activity, and financial performance metrics. All content reflects Griffin’s commitment to high-performance facilities and responsive tenant relationships, as outlined in their corporate mission.
Bookmark this page for streamlined access to INDT’s latest announcements. Check back regularly to stay ahead in understanding how Griffin Industrial Realty continues shaping the industrial property landscape through innovation and strategic execution.
INDUS Realty Trust (NASDAQ: INDT) announced the filing of its preliminary proxy statement regarding a definitive merger agreement with Centerbridge Partners and GIC, valuing the transaction at about $868 million. The merger will allow all outstanding shares of the company to be acquired in an all-cash deal. Centerbridge has also secured strategic investment from Abu Dhabi Investment Authority post-closing. The deal is expected to close in the summer of 2023, pending necessary approvals. INDUS aims to provide significant value to stockholders through this merger, which reflects the quality of its long-established industrial portfolio.
INDUS Realty Trust has declared a quarterly cash dividend of
For further updates, shareholders should monitor INDUS’ SEC filings, particularly regarding future dividends and business conditions.
INDUS Realty Trust reported its 2022 financial results, showing a fourth-quarter net income of $1.9 million ($0.19 per share), down from $19.6 million ($1.94 per share) in Q4 2021. Core Funds from Continuing Operations rose to $5.3 million ($0.52 per share) from $3.6 million ($0.35 per share) year-over-year. The company executed leases totaling 543,000 square feet and recorded a 16% increase in rental revenue, largely due to property acquisitions. A quarterly cash dividend of $0.18 per share was declared, a 12.5% increase. Additionally, INDUS entered a merger agreement for $67.00 per share in cash, set to close in summer 2023, pending regulatory approvals.
INDUS Realty Trust has announced a definitive merger agreement with affiliates of Centerbridge Partners and GIC Real Estate. Under this agreement, INDUS stockholders will receive
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