Industrial Logistics Properties Trust (1QY.F)

3.4020 -0.1360 (-3.84%) At close: 08:02AM CEST

Industrial Logistics Properties Trust

Two Newton Place
255 Washington Street, Suite 300
Newton, MA 02458-1634
United States
617 219 1460
https://www.ilptreit.com

Sector(s): 
Industry: 
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Yael Duffy	President & COO	501	N/A	1980
Ms. Tiffany R. Sy CPA	CFO & Treasurer	43	N/A	1980
Mr. Adam David Portnoy	Managing Trustee	N/A	N/A	1970
Mr. Matthew Paul Jordan CPA	Managing Trustee	N/A	N/A	1975
Stephen P. Colbert	Director of Investor Relations	N/A	N/A	N/A
Ms. Jennifer Babbin Clark	Secretary	N/A	N/A	1961

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

Corporate governance

Industrial Logistics Properties Trust’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.