Real Estate News

Monmouth to be Acquired by ILPT for Approximately $4.0 Billion

Comprehensive Strategic Review Process Results in All-Cash, Value-Maximizing Transaction

Shareholders to Receive $21.00 Per Share in Cash

HOLMDEL, N.J., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, announced today that it has entered into a definitive merger agreement with Industrial Logistics Properties Trust (Nasdaq: ILPT) under which ILPT will acquire all of the outstanding shares of Monmouth for $21.00 per share in an all-cash transaction valued at approximately $4.0 billion including the assumption of debt and the committed acquisition and expansion pipeline (the “Transaction”).

INDUS Announces 2021 Third Quarter Results

NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the three months ended September 30, 2021 (the “2021 third quarter”).

Duke Realty Receives Top Global Sustainability Recognition, Named Best Among Peers

Results of 2021 GRESB Real Estate Assessment Recognize Company’s ESG Success

INDIANAPOLIS, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, earns top ranking among peers and four Green Stars from GRESB for outstanding performance in environmental stewardship, social responsibility and governance (ESG) and sustainable development practices.

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