Item 7.01 Regulation FD Disclosure.

On November 16, 2021, INDUS Realty Trust, Inc. ("INDUS" or the "Company") issued a press release announcing that it has completed the acquisition of a 57%-leased, approximately 197,000 square foot industrial/logistics building in Charleston, South Carolina (the "Charleston Acquisition"), the Company's first property in the Charleston market. The Company used cash on hand to pay the $28.6 million purchase price, before transaction costs, and the Company expects that the Charleston Acquisition will stabilize at an approximately 4.6% cash capitalization rate.

The press release announcing the Charleston Acquisition also stated that, as previously announced, the Company has an agreement to acquire, for a purchase price of $28.0 million before transaction costs, an approximately 263,000 square foot industrial/logistics building in Charleston, South Carolina (the "Charleston Forward Acquisition"). The Charleston Forward Acquisition will be built on speculation by the seller and is expected to be completed in the 2022 fourth quarter. Closing on the purchase of the Charleston Forward Acquisition is subject to a number of contingencies including the satisfactory completion of due diligence by INDUS. There can be no guarantee that the Charleston Forward Acquisition will be completed under its current terms, anticipated timeline, or at all.

A copy of the Company's November 16, 2021, press release announcing the Charleston Acquisition is attached hereto as Exhibit 99.1. The information contained herein and the press release attached as Exhibit 99.1, is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of Section 18 of the Exchange Act. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended (the "Securities Act"), or into any filing or other document pursuant to the Exchange Act, except as otherwise expressly stated in any such filing.

Forward-Looking Statements:

This Current Report on Form 8-K includes "forward-looking statements" within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act. These forward-looking statements include INDUS's beliefs and expectations regarding future events or conditions including, without limitation, statements regarding expected timing of the closing of the Charleston Forward Acquisition, INDUS's intention to complete the closing of the Charleston Forward Acquisition, the terms of the Charleston Forward Acquisition, the expected stabilized cash capitalization rate of the Charleston Acquisition, and the strength of the Charleston market in terms of population growth, economic growth and its existing manufacturing base. Although INDUS believes that its plans, intentions and expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such plans, intentions or expectations will be achieved. The projected information disclosed herein is based on assumptions and estimates that, while considered reasonable by INDUS as of the date hereof, are inherently subject to significant business, economic, competitive and regulatory uncertainties and contingencies, many of which are beyond the control of INDUS and which could cause actual results and events to differ materially from those expressed or implied in the forward-looking statements. Other important factors that could affect the outcome of the events set forth in these statements are described in INDUS's Securities and Exchange Commission filings, including the "Business," "Risk Factors" and "Forward-Looking Statements" sections in INDUS's Annual Report on Form 10-K for the fiscal year ended November 30, 2020, filed with the SEC on February 18, 2021, and Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021, filed with the SEC on November 4, 2021. INDUS disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this Current Report on Form 8-K except as required by law.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits

99.1 The Company's Press Release dated November 16, 2021 (attached hereto) 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded

within the Inline XBRL document)

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