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Duke Realty Corp (DRE.N)

DRE.N on New York Stock Exchange

25.47USD
23 Feb 2018
Change (% chg)

$0.57 (+2.29%)
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Latest Key Developments (Source: Significant Developments)

Duke Realty Posts Q4 Core FFO Per Share $0.30
Wednesday, 31 Jan 2018 04:10pm EST 

Jan 31 (Reuters) - Duke Realty Corp ::DUKE REALTY REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 CORE FFO PER SHARE $0.30.SEES FY 2018 CORE FFO PER SHARE $1.24 TO $1.30.Q4 FFO PER SHARE $0.33.QTRLY SAME-PROPERTY NET OPERATING INCOME GROWTH OF 3.2 PERCENT.  Full Article

Duke Realty Limited Partnership Files Preliminary Prospectus Supplement
Tuesday, 5 Dec 2017 08:44am EST 

Dec 5 (Reuters) - Duke Realty Corp ::DUKE REALTY LIMITED PARTNERSHIP FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO POTENTIAL OFFERING OF SENIOR NOTES DUE 2027 - SEC FILING‍​.  Full Article

Duke Realty declares special cash dividend of $0.85 per share
Tuesday, 21 Nov 2017 04:15pm EST 

Nov 21 (Reuters) - Duke Realty Corp :Duke Realty declares special cash dividend of $0.85 per share.Duke Realty Corp - board of directors declared a special cash dividend of $0.85 per share of common stock payable on December 12, 2017​.  Full Article

Duke Realty reports Q3 FFO per share of $0.26
Wednesday, 25 Oct 2017 04:14pm EDT 

Oct 25 (Reuters) - Duke Realty Corp : :Duke Realty reports third quarter 2017 results.Q3 FFO per share $0.26.Q3 core FFO per share $0.30.Sees FY 2017 FFO per share $1.22 to $1.29.Sees FY 2017 core FFO per share $1.21 to $1.25.  Full Article

S&P Dow Jones indices says will make changes to the S&P 500 and S&P Midcap 400 indices effective prior to the open of trading on July 26
Wednesday, 19 Jul 2017 05:42pm EDT 

July 19 (Reuters) - MGM Resorts International :S&P Dow Jones indices says will make changes to the S&P 500 and S&P Midcap 400 indices effective prior to the open of trading on July 26.S&P Dow Jones Indices - MGM Resorts, Resmed, Packaging Corp of America, A.O. Smith and duke realty set to join S&P 500.  Full Article

Healthcare Trust of America to get refund of the earnest money in case of deal termination - SEC filing
Monday, 1 May 2017 07:21am EDT 

May 1 (Reuters) - Duke Realty Corp :Healthcare Trust of America - in case of deal termination due to Duke's default under agreements, co would get a refund of the earnest money - SEC filing.Healthcare - In case of deal termination due to Duke's default, co would also get reimbursement for out-of-pocket costs incurred for Duke deal of up to $7.5 million.Healthcare - In case of deal termination due to co's default under purchase agreements, the earnest money will be released to Duke as liquidated damages.  Full Article

Duke realty to sell medical office business to Healthcare Trust of America
Monday, 1 May 2017 06:08am EDT 

May 1 (Reuters) - Duke Realty Corp :Duke realty to sell medical office business to Healthcare Trust of America for $2.8 billion.Revised full year expectations, from previously issued guidance, for net income to a range of $4.19 to $4.70 per diluted share.Special dividend, estimated at between $250 million and $725 million, or $0.70 to $2.00 per share, is expected to be paid in late 2017.Special dividend, estimated at between $250 million and $725 million, or $0.70 to $2.00 per share, is expected to be paid in late 2017.Revising previously issued FY guidance for Nareit FFO to $1.07 to $1.21 per diluted share.Transaction is expected to be dilutive to 2017 core FFO per share guidance by about $0.07 per share, or $0.14 annually in short term.Guidance for core FFO per diluted share was revised to $1.16 to $1.24, from a previous range of $1.24 to $1.30 for FY.Sees nearly $3 billion of proceeds when deal combined with recently completed ten building sale to hospital system.Fy2017 FFO per share view $1.25 -- Thomson Reuters I/B/E/S.  Full Article

Healthcare trust of america announces public offering of 39,500,000 shares of common stock
Monday, 1 May 2017 06:02am EDT 

May 1 (Reuters) - Healthcare Trust Of America Inc :Healthcare Trust of America announces public offering of 39,500,000 shares of common stock.To use net proceeds to fund a portion of $2.75 billion acquisition of assets of Duke Realty Corporation.  Full Article

Healthcare Trust of America to acquire Duke Realty's medical office portfolio
Monday, 1 May 2017 06:01am EDT 

May 1 (Reuters) - Healthcare Trust Of America Inc :Healthcare Trust of America to acquire Duke Realty's medical office portfolio for $2.75 billion.Healthcare Trust also acquiring Duke's medical office operating and development platform.To buy all of medical office building assets and medical development platform of duke realty corporation for $2.75 billion in cash.Transaction will close in several tranches in second and Q3 of 2017.Says transaction is expected to be accretive to HTA's normalized funds from operations ("FFO") in 2018.Total consideration for deal is $2.75 billion, net of credits for incremental $50 million in capital to be paid by seller.Says as part of transaction, Duke requiring that HTA accept seller financing of $330 million, in form of senior secured first mortgage loan.Says 31 properties, with purchase price of ABT $1.3 billion are subject to rights of first refusals or offer.31 properties, with purchase price of about $1.3 billion subject to rights of first refusals/offer which could reduce size of deal if exercised.Senior secured first mortgage loan will require three annual principal payments of $110 million beginning in 2018 and is not prepayable.  Full Article

Duke Realty reports Q1 FFO per share $0.32
Wednesday, 26 Apr 2017 04:32pm EDT 

April 26 (Reuters) - Duke Realty Corp -:Duke Realty reports first quarter 2017 results.Q1 core FFO per share $0.32.Q1 FFO per share $0.32.Duke Realty Corp - 2017 guidance updated.Q1 FFO per share view $0.29 -- Thomson Reuters I/B/E/S.Duke Realty Corp- revised its guidance for ffo, as defined by nareit, to $1.23 to $1.33 per diluted share for 2017.Duke Realty Corp - revised its guidance for core ffo to $1.24 to $1.30 per diluted share for 2017.Fy2017 FFO per share view $1.24 -- Thomson Reuters I/B/E/S.Duke Realty Corp - for 2017, revised guidance for range of growth in adjusted ffo on a share adjusted basis, to range of 4.7 percent to 10.3 percent.Duke Realty Corp - 2017 estimate for acquisitions was increased to a range of $100 million to $150 million from previous range of $50 million to $100 million.Duke Realty Corp - 2017 estimate for development starts was increased to a range of $500 million to $700 million from previous range of $450 million to $650 million.Duke Realty Corp - 2017 estimate for dispositions was increased to a range of $300 million to $500 million from previous range of $150 million to $350 million.  Full Article

BRIEF-Duke Realty Appoints John Case And Chris Sultemeier To Board

* JOHN CASE AND CHRIS SULTEMEIER JOIN DUKE REALTY BOARD OF DIRECTORS