ILPT Q3 2026 normalized FFO rises 42% year over year to $21.28 million
ILPT•Industrial Logistics Properties Trust’s third-quarter 2026 normalized FFO attributable to common shareholders rose 42% year over year to $21.28 million. The trust reported 98.3% occupancy and issued normalized FFO guidance of $0.33–$0.35 per diluted share for the fourth quarter and $1.23–$1.25 for full-year 2026.
1. Quarterly performance
Industrial Logistics Properties Trust’s third-quarter 2026 non-GAAP normalized FFO attributable to common shareholders rose 42% year over year to $21.28 million. Leasing totaled approximately 645,000 square feet, with rental rates 163% above prior rents for the same space.
2. Portfolio and guidance
Portfolio occupancy was 98.3%, and the trust reported no debt maturities until 2029. Non-GAAP normalized FFO guidance per diluted share is $0.33–$0.35 for fourth-quarter 2026 and $1.23–$1.25 for full-year 2026.
