Earnings Call Summary | Industrial Logistics Properties Trust(ILPT.US) Q2 2024 Earnings Conference
Earnings Call Summary | Industrial Logistics Properties Trust(ILPT.US) Q2 2024 Earnings Conference
GAAP and cash basis net operating income (NOI) were $86.3 million and $82.9 million respectively.The following is a summary of the Industrial Logistics Properties Trust (ILPT) Q2 2024 Earnings Call Transcript:
以下是Industrial Logistics Properties Trust (ILPT) Q2 2024業績會簡報摘要：
Financial Performance:
金融業績：
ILPT reported Q2 2024 normalized FFO of $9 million, up 18.1% from Q2 2023.
Cash basis NOI increased by 2.6% year-over-year.
GAAP and cash basis net operating income (NOI) were $86.3 million and $82.9 million respectively.
Adjusted EBITDAre reached $85.1 million, a 4.6% increase from the prior year.
ILPT報告Q2 2024年度調整後FFO爲900萬美元，比Q2 2023年增長了18.1%。
現金基礎淨經營收入同比增長2.6%。
按照GAAP和現金基礎計算得出的淨經營收入（NOI）分別爲8630萬美元和8290萬美元。
調整後的EBITDAre達到8510萬美元，較上一年增長了4.6%。
Business Progress:
業務進展：
ILPT signed 26 leases for 2.6 million sq. ft. with a 30.5% higher rental rate compared to prior rental rates, increasing annualized rental revenue by $4.2 million.
The company's portfolio consists of 411 properties totaling approx. 60 million sq. ft.
The weighted average remaining lease term of their portfolio is 7.9 years, predominantly occupied by investment-grade tenants or secured via Hawaii land leases.
ILPT簽署了26份租約，共260萬平方英尺，租金比之前的租金水平高30.5%，年化租賃收入增加了420萬美元。
該公司的投資組合包括411個物業，總面積約爲6000萬平方英尺。
他們的投資組合的加權平均剩餘租約期限爲7.9年，主要由投資級別的租戶佔用，或通過夏威夷土地租約獲得保障。
Opportunities:
機會：
ILPT benefits from mark-to-market rent growth opportunities, particularly in their Hawaii portfolio which remains low-vacancy and has minimal new construction.
The upcoming lease expirations present opportunities to further increase rental revenues as 8.4 million sq. ft. of property comes due in the next two years.
ILPT從市場計價租金增長機會中受益，特別是在他們的夏威夷投資組合中，後者仍低空置率並且幾乎沒有新建築。
即將到期的租約提供了機會，隨着840萬平方英尺的物業在未來兩年內到期，更進一步提高租金收入。
Risks:
風險：
ILPT faces potential impacts from nonrecurring revenues that were recognized in Q2, with expected normalization in Q3, which could affect financial consistency.
A significant vacant land parcel in Hawaii affecting occupancy rates and rental income.
ILPT可能會因在Q2中認可一次性收入而面臨潛在的影響，預計在Q3中會規範化，這可能會影響財務的一致性。
夏威夷的一個重要土地空缺影響了佔用率和租金收入。
More details: Industrial Logistics Properties Trust IR
詳情請參閱Industrial Logistics Properties Trust IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
