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Stock impact report

Lexington Realty Trust Provides Business Update

LXP Industrial Trust (Maryland REIT) (LXP) 
Last lxp industrial trust (maryland reit) earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lxp.com
Company Research Source: GlobeNewswire
NEW YORK, April 14, 2020 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, provided an update on its business in light of the market volatility related to the global COVID-19 pandemic.  Lexington efficiently executed its business continuity plan and quickly transitioned to a work-from-home arrangement for all employees.  Lexington’s executive management team remains healthy and continues to manage operations. Lexington’s management continues to monitor events and is taking steps to mitigate the potential impact and risks to Lexington.  While Lexington is currently unable to estimate the impact COVID-19 will have on its financial condition, as of the date of this press release, Lexington believes that the impact will be mitigated because of its focus on warehouse and distribution industrial properties and the diversity of its tenant base, both geographically and by i Show less Read more
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