Detail akcie Lexington Prop online

Business Summary: LXP Industrial Trust is a real estate investment trust (REIT) focused on Class A warehouse and distribution investments in target markets across the Sunbelt and lower Midwest. The Company invests in single-tenant warehouse/distribution real estate. The Company conducts its operations indirectly through property owner subsidiaries, which are single purpose entities; a wholly owned taxable REIT subsidiaries (TRS), Lexington Realty Advisors, Inc., and joint ventures. The Company's warehouse/distribution portfolio includes various industries, such as electronic commerce, automotive, construction/materials, food, apparel, specialty, technology, retail department, aerospace/defense, healthcare, consumer products, transportation/logistics and others. The Company has ownership interests in approximately 119 consolidated real estate properties, located in 17 states and containing an aggregate of approximately 57.8 million square feet of space, approximately 93.6% of which is leased.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, LXP Industrial Trust revenues increased 5% to $358.5M. Net income applicable to common stockholders increased 59% to $37.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Net Operating Income (NOI), Total increase of 1% to $268M, Impairment charges decrease from $16.5M (expense) to $0K.