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Industrial Logistics Properties Trust shares fall 1.11% after-hours as Tritax Big Box REIT acquires Warehouse REIT.
ByAinvest
Wednesday, Jun 25, 2025 4:49 pm ET1min read
Industrial Logistics Properties Trust fell 1.11% in after-hours trading. The decline may be attributed to the broader market sentiment, as shares of several New York-based banks and real estate investment trusts fell due to concerns over Zohran Mamdani's proposed rent freeze in New York City. This proposal could pressure building owners and potentially impact the earnings of real estate investment trusts like Industrial Logistics Properties Trust.
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