Industrial Logistics Properties Trust Announces 2023 Dividend Allocation

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows:

ILPT Common Shares

				Dividend Allocation Per Share
					Section		Total	Unrecaptured
Declaration	Record	Paid/Payable	Dividends	Ordinary	199A	Qualified	Capital	Section 1250	Return of
Dates	Dates	Dates	Per Share	Income	Dividend^(1)	Dividend^(2)	Gain	Gain^(3)	Capital
01/12/23	01/23/23	02/16/23	$0.01	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0100
04/13/23	04/24/23	05/18/23	$0.01	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0100
07/13/23	07/24/23	08/17/23	$0.01	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0100
10/12/23	10/23/23	11/16/23	$0.01	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0100
		TOTALS:	$0.04	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0000	$ 0.0400

^(1)	Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
^(2)	Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
^(3)	Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

ILPT’s common share CUSIP number is 456237106. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information regarding the effect on the tax basis of ILPT shares, please see Form(s) 8937 published on the ILPT website: https://www.ilptreit.com/investors/stock-information/distributions/default.aspx

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of September 30, 2023, ILPT’s portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. More than 77% of ILPT’s annual rental revenues as of September 30, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of September 30, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.