Businessweek

Duke Realty Corporation announced that Christie B. Kelly resigned as Chief Financial Officer of the company, effective on May 17, 2013, to accept an opportunity to serve as the Chief Financial Officer of Jones Lang LaSalle Incorporated. Effective upon Ms. Kelly's resignation, Mark A. Denien, Senior Vice President and Chief Accounting Officer, will be appointed to serve as Chief Financial Officer. Mark joined Duke Realty in 2005 as Senior Vice President, Administration and was promoted a year later to Senior Vice President and Chief Accounting Officer. Before joining Duke Realty, Mr. Denien was a partner with KMPG in Indianapolis, where he worked for 16 years and was involved with Duke Realty for many of those years. Mr. Denien was responsible for KPMG's real estate practice in Indiana and Ohio as well as for its national real estate training development.

Duke Realty Corporation reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of $268.668 million compared to $265.661 million a year ago. Operating income was $95.147 million compared to $36.873 million a year ago. Income from continuing operations was $35.868 million or $0.06 per diluted share compared to loss from continuing operations was $22.860 million or $0.16 per diluted share a year ago. Net income attributable to common shareholders was $28.043 million or $0.09 per diluted share compared to net loss attributable to common shareholders of $36.390 million $0.14 per diluted share a year ago. Funds from operations was $77.908 million or $0.24 per diluted share compared to $57.442 million or $0.21 per diluted share a year ago. Core funds from operations was $83.197 million or $0.26 per diluted share compared to $63.752 million or $0.24 per diluted share a year ago. Adjusted funds from operations was $74.483 million or $0.23 per diluted share compared to $53.951 million or $0.20 per diluted share a year ago. The company reaffirmed annual Core FFO guidance for 2013 of $1.03 to $1.11 per share. The company declared quarterly cash dividend on common stock of $0.17 per share, or $0.68 per share on an annualized basis. The first quarter dividend will be payable on May 31, 2013 to shareholders of record on May 16, 2013. The company also declared dividends on preferred shares of Series J of $0.4140625, on Series K of $0.40625, and on Series L of $0.4125. The dividends on Series J, Series K and Series L will be paid on May 31, 2013 of record date May 16, 2013.

Duke Realty Corporation announced that they will report Q1, 2013 results After-Market on Apr 24, 2013

Duke Realty Corporation, Q1 2013 Earnings Call, Apr 25, 2013

Duke Realty Corporation Presents at National Association Of Real Estate Investment Trusts Inc - REITWise 2013, Mar-20-2013 through Mar-22-2013. Venue: La Quinta Resort & Club, La Quinta, California, United States. Presentation Date & Speakers: Mar-21-2013, Mark A. Denien, Chief Accounting Officer, Senior Vice President and Corporate Controller, Neal Lewis, SVP-Taxation.