WEST PALM BEACH, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2024 of $0.13 per common share payable on or about July 15, 2024 to common shareholders of record as of June 28, 2024. LXP also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferre ...

WEST PALM BEACH, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2024 of $0.13 per common share payable on or about July 15, 2024 to common shareholders of record as of June 28, 2024. LXP also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferre ...

LXP INDUSTRIAL TRUST TRADED: NYSE: LXP 515 N FLAGLER DR, SUITE 408 WEST PALM BEACH, FL 33401 FOR IMMEDIATE RELEASE LXP INDUSTRIAL TRUST REPORTS FIRST QUARTER 2024 RESULTS West Palm Beach, FL - May 2, 2024 - LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended March 31, 2024. First Quarter 2024 Highlights • Recorded Net Loss attributable to common shareholders of $(1.9) mi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________________ to ________________ Commission File Number 1-12386 LXP INDUSTRIAL TRUST (Exact name of registrant as specified in its charter) Maryland 13- ...

财务数据和关键指标变化 - 第一季度收入为8600万美元,物业运营费用为1500万美元,其中93%来自租户补偿 [26] - 公司产生了4900万美元的调整后公司FFO,每股稀释普通股0.16美元 [26] - 一季度同店工业物业NOI同比增长6.5% [27] - 工业物业组合平均年度租金上涨率为2.7% [27] 各条业务线数据和关键指标变化 - 公司有约130万平方英尺的开发管线,这些活动前景看好,但不能保证任何租约会最终签订 [9] - 公司在菲尼克斯投入使用了48.8万平方英尺的新建设施,该设施以9.60美元/平方英尺的起租金和8.3%的预计稳定现金收益率租出 [16] - 公司在哥伦布完成了25万平方英尺开发项目的基础建设,目前正在就6万平方英尺进行租赁谈判 [16] 各个市场数据和关键指标变化 - 全国平均空置率环比有所上升,净吸纳量大幅下降,但目标市场租金同比仍有所上涨 [22] - 公司在亚特兰大市场完成了12万平方英尺的3年续租,租金增幅约28% [23] - 公司在孟菲斯市场完成了92.8万平方英尺的5年续租,租金增幅约30%,以及70万平方英尺的5年续租,租金增幅约25% [23] 公司战略和发展方向及行业竞争 - 公司将继续专注于开发租赁、将租金调整至市场水平,并利用建造出租项目的投资机会,同时努力降低负债 [8] - 公司在绿维尔-斯巴坦堡市场承诺了一个62.5万平方英尺的建造出租项目,这为公司提供了以有利条款将资本再循环投资于新建成资产的机会 [13][17] - 公司正在审查多个目标市场的建造出租项目,包括利用其凤凰城土地银行的询价 [17] - 公司认为其高品质的A类物业在目标市场上具有谈判优势,因为这些物业拥有现代规格,包括高净空高度、充足的卸货门和停车位,以及便利的高速公路、机场和港口的访问 [10] 管理层对经营环境和未来前景的评论 - 公司认为,由于租赁续约谈判需要更长时间,部分原因是宏观经济环境的持续不确定性以及市场租金与租户议价能力之间的脱节 [10] - 公司预计2024年同店NOI增长将在4%至5%之间,高于之前的3.5%至4.5%的预期范围 [11] - 公司估计,通过2029年,由于租金上涨,初始现金租金将增加3600万美元,相当于每股0.12美元;开发管线稳定将产生2000万美元的初始现金租金,相当于每股0.07美元 [12] - 公司正专注于将净债务/调整后EBITDA降至5倍至6倍的目标区间下限,这将由开发管线的入住率提升和租金增长推动 [14] 问答环节重要的提问和回答 问题1 **Unidentified Analyst 提问** 询问公司在佛罗里达和印第安纳波利斯新投入使用的100万平方英尺左右的物业的租赁情况 [31][32] **James Dudley 回答** 公司在佛罗里达有一些积极的租赁活动,但在印第安纳波利斯市场仍然很挣扎,尽管有几次很接近成交,但最终都没有落实 [33][34] 公司在续租方面表现良好,但由于需要说服租户接受更高的市场租金,续租谈判确实需要更长时间 [34] 在投资性开发物业方面,由于缺乏大量需求,公司和其他业主可能需要更加积极地提供优惠来吸引租户 [35] 问题2 **Jon Petersen 提问** 询问为什么同店NOI增长预期提高,但FFO指引没有相应提高 [39] **Beth Boulerice 回答** 主要是由于利息费用的增加,以及新投入使用的开发项目尚未纳入同店组合 [40] 问题3 **Vince Tibone 提问** 询问公司对未租赁的投资性开发项目的收益预期,以及面临的市场竞争情况 [48][50] **Will Eglin 和 James Dudley 回答** 公司维持之前6%-6.5%的预期收益率目标,虽然最近一些项目的实际结果超过了这一目标,但对于一些较大的待租赁物业,目前的可见度较低 [49] 公司面临的竞争情况有所加剧,一些业主开始提供更多优惠措施,如更多免租期和更高的装修补贴,以吸引租户 [51][54] 公司将根据自身物业的优势适当调整策略,但不会过度降低租金,而是更多依靠物业本身的优势来吸引租户 [53][54]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to ________________ Commission File Number 1-12386 LXP INDUSTRIAL TRUST (Exact name of registrant as specified in its charter) Maryland 13-371731 ...

Investor Presentation Fourth Quarter 2023 LXPINDUSTRIALTRUST Forward-Looking Statements and Other Disclosure Thispresentationcontainscertainforward-lookingstatementswithinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection21EoftheSecurities ExchangeActof1934,asamended.Forward-lookingstatements,whicharebasedoncertainassumptionsanddescribefutureplans,strategiesandexpectations,aregenerally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “estimates,” “projects,” ...

LXP Industrial Trust (NYSE:LXP) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chairman and CEO Beth Boulerice - Chief Financial Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Conference Call Participants Todd Thomas - KeyBanc Capital Markets Camille Bonnel - Bank of America Jim Kammert - Evercore Mitch Germain - JMP Securities Jessica Zheng - Green Street Operator Thank you for ...

INVESTOR PRESENTATION THIRD QUARTER 2023 LXPINDUSTRIALTRUST Disclosure This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations, are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “estimates,” “p ...

LXP Industrial Trust (NYSE:LXP) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chairman and CEO Beth Boulerice - Chief Financial Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Conference Call Participants Anthony Paolone - JPMorgan Todd Thomas - KeyBanc Capital Markets Jim Kammert - Evercore Camille Bonnel - Bank of America Operator Good morning. And welcome to the LXP Industrial ...