Curbline Q2 OFFO $0.31/share, raises FY OFFO guidance to $1.24-$1.26; acquires 30 centers for $374M

Curbline Properties Corp.

Q2 net income $6.9M ($0.06/diluted) vs $10.4M ($0.10) YoY; OFFO $33.3M ($0.31) vs $26.9M ($0.26).
Acquired 30 convenience centers for $374.1M in Q2; YTD total 48 centers for $563.7M.
Raised $823.5M YTD via forward equity sales; $850.9M cash and commitments for future acquisitions.
FY 2026 OFFO guidance raised to $1.24-$1.26/diluted (prior $1.20-$1.23); net income guidance lowered to $0.27-$0.32.
Same-property NOI up 2.1% for 6M; leased rate 96.5%; cash new leasing spreads 20.2% TTM.

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