Mitch Germain

John Massocca

Bryan Maher

Jyoti Yadav

- Industrial Logistics Properties Trust (ILPT) reported a **Normalized FFO attributable to common shareholders of $13.8 million, or $0.21 per share**, and a **net loss attributable to common shareholders of $(21.3) million, or $(0.32) per share**, for the three months ended **June 30, 2025**.   
- The company completed a significant debt refinancing in Q2 2025, converting **$1.235 billion of floating rate debt** to a new **$1.16 billion fixed-rate mortgage due in 2030**, which is expected to generate **$8.5 million in annual cash savings ($0.13 per share)** and led to an increase in the **quarterly dividend to $0.05 per share**.  **[1717307_0001104659-25-086695_tm2525065d1_ex99-1.htm:4]** 
- As of **June 30, 2025**, ILPT's portfolio consists of **411 industrial and logistics properties** with **59 million rentable square feet**, maintaining a **94% occupancy rate** and a **weighted average remaining lease term of 7.6 years**.  **[1717307_0001104659-25-086695_tm2525065d1_ex99-1.htm:3]** 
- **Approximately 76% of ILPT's annualized rental revenues are derived from investment grade tenants, subsidiaries of investment grade rated entities, or Hawaii land leases**.  **[1717307_0001104659-25-086695_tm2525065d1_ex99-1.htm:3]** **[1717307_0001104659-25-086695_tm2525065d1_ex99-1.htm:8]** 
- **Strategic priorities for 2025 and beyond include refinancing the $1.4 billion Mountain JV loan and evaluating additional deleveraging opportunities, including the sale of one property expected to yield $50 million in proceeds**.  **[1717307_0001104659-25-086695_tm2525065d1_ex99-1.htm:4]**