Duke Realty LP, founded in 1972 and headquartered in Indianapolis, Indiana, is a leading real estate investment trust (REIT) that focuses on the ownership, management, and development of industrial properties across the United States. The company specializes in logistics and distribution facilities, catering to a diverse tenant base that includes some of the largest logistics companies in the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DRE 1.75% 2030-07-01 USDDuke Realty LP | United States | 2030-07-01 | 1.750 | 5.31 |
| DRE 1.75% 2031-02-01 USDDuke Realty LP | United States | 2031-02-01 | 1.750 | 5.02 |
| DRE 2.25% 2032-01-15 USDDuke Realty LP | United States | 2032-01-15 | 2.250 | 5.23 |
| DRE 2.88% 2029-11-15 USDDuke Realty LP | United States | 2029-11-15 | 2.875 | 4.69 |
| DRE 3.05% 2050-03-01 USDDuke Realty LP | United States | 2050-03-01 | 3.050 | 5.98 |
| DRE 3.25% 2026-06-30 USDDuke Realty LP | United States | 2026-06-30 | 3.250 | 4.64 |
| DRE 3.38% 2027-12-15 USDDuke Realty LP | United States | 2027-12-15 | 3.375 | 4.41 |
| DRE 4.00% 2028-09-15 USDDuke Realty LP | United States | 2028-09-15 | 4.000 | 4.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Duke Realty has actively participated in the bond market since the early 1990s, with its first bond issuance occurring in 1993. Notable transactions include a $500 million issuance in 2016, which was used to refinance existing debt and fund new acquisitions. As of now, the company's bonds yield approximately 3.5%, slightly below the industrial REIT average, reflecting its solid credit profile. Duke Realty's bonds have a notable feature of call protection, making them attractive to investors seeking stable income amidst a fluctuating interest rate environment.