Duke Realty's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Duke Realty Corp. ( DRE)

Q4 2011 Earnings Call

January 26, 2011 01:00 p.m. ET


Ron Hubbard – VP, IR

Denny Oklak – Chairman and CEO

Christie Kelly – EVP and CFO


Josh Attie – Citi

Ki Bin Kim – Macquarie

Sloan Bohlen – Goldman Sachs

John Stewart – Green Street Advisors

Brendan Maiorana – Wells Fargo

Dave Rodgers – RBC Capital Markets

David Aubuchon – Robert W. Baird

Vincent Chao – Deutsche Bank

Michael Bilerman – Citi



Ladies and gentlemen, thank you for standing by, and welcome to the Duke Realty Fourth Quarter and Year-End Earnings Conference Call. (Operator Instructions) I’d now like to turn the conference over to Mr. Ron Hubbard. Please go ahead.

Ron Hubbard

Thank you, Cynthia. Good afternoon everyone, and welcome to our fourth quarter earnings call. Joining me today are Denny Oklak, Chairman and Chief Executive Officer; Christie Kelly, Executive Vice President and Chief Financial Officer; and Mark Denien, Chief Accounting Officer.

Before we make our prepared remarks, let me remind you that statements we make today are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. For more information about those risk factors, we would refer you to our 10-K that we have on the file with the SEC dated February 25, 2011.

Now, for our prepared statement, I’ll turn it over to Denny Oklak.

Denny Oklak

Thank you, Ron. Good afternoon everyone. Today I will highlight some of our key accomplishments from our asset and operational strategies during the quarter and for the year, Christy will then address our financial performance and progress on our capital strategy. We will then share more details on our 2012 guidance.

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