Industrial Logistics Properties Trust Q2 net loss narrows to $14.46 million; normalized FFO per share rises 48% year over year to $0.31

• Industrial Logistics Properties Trust posted a GAAP net loss attributable to common shareholders of USD 14.5 million, or USD 0.22 a share.
• Normalized FFO attributable to common shareholders, a non-GAAP metric, rose 48% year over year to USD 20.8 million, or USD 0.31 a share.
• Rental income increased to USD 114.1 million; same property Cash Basis NOI, a non-GAAP metric, rose 2% year over year to USD 85.7 million.
• Leasing totaled 5.4 million square feet at a 35.4% weighted-average GAAP rent roll-up, lifting occupancy to 99.1% with an 8.1-year weighted-average lease term.
• Refinancing eliminated variable-rate debt exposure, leaving no debt maturities until 2029; the quarterly dividend more than doubled to USD 0.10 a share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Industrial Logistics Properties Trust published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.