Industrial Logistics Properties Trust: Q2 Preview, Read The Cash Line Not The Earnings Line
We bridge the gap between financial information and actionable insight by providing unrivaled coverage on all asset classes and access to best-in-class tools. The May refinancing matters more because it removes about $19.2 million in annual principal repayments and improves CAD.Oahu is only 12.7% of gross assets but generates 56% of common Normalized FFO. Longer leases, stronger rent growth and higher cash yields support a lower cap rate than the.ILPT has upside to an $11.80 target, but leverage, FedEx concentration, external-management costs and cap-rate sensitivity create meaningful downside, supporting a Hold rating.
- ▪We bridge the gap between financial information and actionable insight by providing unrivaled coverage on all asset classes and access to best-in-class tools.
- ▪The May refinancing matters more because it removes about $19.2 million in annual principal repayments and improves CAD.Oahu is only 12.7% of gross assets but generates 56% of common Normalized FFO.
- ▪Longer leases, stronger rent growth and higher cash yields support a lower cap rate than the.ILPT has upside to an $11.80 target, but leverage, FedEx concentration, external-management costs and cap-rate sensitivity create meaningful downsi
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