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Indus Realty Trust Inc Stock Price, News & Analysis

INDT Nasdaq

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.

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INDUS Realty Trust, Inc. (Nasdaq: INDT) announced the repayment of a $26.3 million construction loan using cash reserves. This repayment eliminates floating rate debt and postpones any debt maturities until 2027. The property at 9817 Old Statesville Road, Charlotte, North Carolina, previously secured by the loan, is now fully owned by INDUS, enhancing the company's asset base.

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INDUS Realty Trust, Inc. (Nasdaq: INDT) announced its participation in the Bank of America Securities 2022 Global Real Estate Conference on September 13-14, 2022, at the Conrad New York Downtown Hotel. The company plans to host individual meetings with investors during the event. Presentation materials will be available on the company’s website by the start of the conference. INDUS focuses on developing and managing industrial/logistics properties and owns 39 buildings across five states, totaling approximately 5.7 million square feet.

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INDUS Realty Trust (Nasdaq: INDT) reported a strong performance for Q2 2022, achieving a net income of $2.8 million ($0.27 per diluted share) compared to a net loss of $1.2 million in Q2 2021. Core FFO from continuing operations rose to $5.0 million ($0.48 per diluted share), along with a 26% increase in rental revenue to $11.7 million. The company’s stabilized portfolio remains fully leased at 100%, with significant recent acquisitions and lease agreements. INDUS maintains strong liquidity at $266.7 million and declared a quarterly dividend of $0.16 per share, reinforcing its commitment to shareholder returns.

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INDUS Realty Trust, Inc. (Nasdaq: INDT) will release its financial results for Q2 2022 on August 8, 2022. A conference call is scheduled for August 9 at 11:00 AM ET to discuss the results and provide a business update. Interested participants can pre-register for the call. The company operates 39 industrial/logistics properties totaling approximately 5.7 million square feet across Connecticut, Pennsylvania, North Carolina, South Carolina, and Florida. Additional financial information will be available on INDUS' website.

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INDUS Realty Trust, Inc. (NASDAQ: INDT) reported significant updates for Q2 2022, including the acquisition of a 205,000 sq. ft. portfolio in Florida, boosting its footprint in the region. The company also completed leases totaling 358,000 sq. ft., with a stabilized portfolio that was fully leased. A $250 million credit facility was established to enhance liquidity, allowing for debt repayment and no fixed-rate debt maturities until 2027. With a total of 5.7 million sq. ft. across 39 buildings, INDUS aims for a cash NOI yield of 6.0% to 6.5% from its development pipeline.

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INDUS Realty Trust, Inc. (NASDAQ: INDT) has declared a cash dividend of $0.16 per share for Q2 2022, payable on July 15, 2022, to shareholders on record as of June 30, 2022. The company operates in the industrial/logistics real estate sector, owning 38 properties totaling approximately 5.6 million square feet across five states: Connecticut, Pennsylvania, North Carolina, South Carolina, and Florida. Forward-looking statements indicate potential risks that could affect dividend payments, emphasizing uncertainties in the current economic environment.

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INDUS Realty Trust, Inc. (Nasdaq: INDT) has successfully completed the acquisition of a fully leased, approximately 205,000 square foot portfolio in Orlando and Palm Beach, Florida, for $31.6 million. The deal reflects an in-place cash capitalization rate of about 4.6%. This strategic purchase expands INDUS's holdings in Florida to approximately 621,000 square feet across seven buildings, with potential for strong rent growth due to below-market current rents and limited supply. The company anticipates benefits from population and economic growth in these regions.

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INDUS Realty Trust, Inc. (NASDAQ: INDT) announced participation in Nareit’s REITweek 2022 Investor Conference, scheduled from June 7th to June 9th at the New York Hilton Midtown. Management will present on June 7 from 3:00 pm to 3:30 pm ET. Updated materials will be available on their website on the evening of June 6. INDUS primarily develops and manages industrial/logistics properties, owning 35 buildings totaling approximately 5.4 million square feet across Connecticut, Pennsylvania, North Carolina, South Carolina, and Florida.

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INDUS Realty Trust, Inc. (Nasdaq: INDT) announced its inclusion in the MSCI US REIT Index effective May 31, 2022, as part of the May 2022 Semi-Annual Index Review. This addition enhances INDUS's visibility and credibility in the market, potentially attracting more institutional investors. INDUS currently owns 35 industrial/logistics properties totaling approximately 5.4 million square feet across several U.S. states, including Connecticut, Pennsylvania, North Carolina, South Carolina, and Florida.

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FAQ

What is the market cap of Indus Realty Trust (INDT)?

The market cap of Indus Realty Trust (INDT) is approximately 683.2M.
Indus Realty Trust Inc

Nasdaq:INDT

INDT Rankings

INDT Stock Data

683.16M
6.49M
Other Activities Related to Real Estate
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