Distributions on the Series K Preferred Shares represented by the depositary shares will be cumulative from the date of original issue and payable quarterly, beginning on or about May 31, 2004, at the rate of 6.5% of the liquidation preference per annum, or $16.25 per Series K Preferred Share (equal to $1.625 per annum per depositary share).
The Series K Preferred Shares and the depositary shares representing the Series K Preferred Shares are not redeemable until February 13, 2009, after which date we may redeem such shares at a redemption price of $250.00 per Series K Preferred Share (equal to $25.00 per depositary share), plus any accrued and unpaid dividends through the date of redemption. The Series K Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed.
Full Prospectus PDF », Secondary Prospectus PDF », DRE Page »
|
Duke Realty is a self-administered and self-managed real estate investment trust and is the sole general partner of Duke Realty Limited Partnership (Partnership) and its consolidated subsidiaries. Co. and Partnership focuses on the ownership, management and development of bulk distribution (industrial) real estate. Co. has two operating segments, the first consisting of the ownership and rental of industrial real estate investments. Co.'s second reportable segment consists of real estate services such as development, general contracting, construction management, property management, asset management, maintenance and leasing to third-party property customers, owners and joint ventures. Preferreds: DRE.PRJ, DRE.PRK, DRE.PRL, DRE.PRO Open the DRE Information Page » |
|
|
Free Email Alerts: Get Dividend Alerts Get SEC Filing Alerts |
|