other material
confidence high
sentiment positive
materiality 0.75
Agree Realty posts $1.55B 2025 investment volume, guides 2026 to $1.25-1.50B
AGREE REALTY CORP
- 2025 total investment volume ~$1.55B across 338 properties; acquisitions of $1.44B at 7.2% cap rate.
- Q4 acquisition volume >$347M at 7.1% cap; portfolio 66.8% annualized base rents from investment grade tenants.
- 2026 investment outlook: $1.25B to $1.50B of retail net lease properties.
- New $350M term loan fixed at 4.02% via swaps; total liquidity exceeds $2.0B.
- Q4 2025 weighted-average diluted shares ~115.0M; FY 2025 ~111.2M (including OP units).