---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-24-000022"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:23:25.857068+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Peakstone Realty Trust Q4 AFFO $0.80, revenue $63.1M; full-year net loss $557.9M

## Summary
- Q4 2023 revenue $63.1M (down 17% YoY); net loss $(19.9)M or $(0.55)/share.
- Full-year 2023: net loss $(557.9)M ($15.50/share); AFFO $118.1M ($2.99/unit) vs $4.81 in 2022.
- Sold 11 properties in 2023 for $336M gross proceeds; leverage ratio improved to 6.2x from 7.7x.
- Leased 1.05M sq ft at 26% GAAP and 9% cash releasing spreads; portfolio 96.4% leased.
- Declared Q1 2024 dividend $0.225/share (unchanged); total liquidity $551M as of Dec 31, 2023.

## SEC filing metadata
- accession: 0001600626-24-000022
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062624000022/0001600626-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062624000022/gcnl-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-24-000022
- JSON: https://secwatch.observer/filing/0001600626-24-000022.json
- Plain text: https://secwatch.observer/filing/0001600626-24-000022.txt

## Key facts
- Earnings Releases
  Peakstone Realty Trust reported the fiscal year ended December 31, 2023 results: revenue approximately $254.3 million, net income approximately $(557.9) million, EPS $(15.50) per basic and diluted share.
  - Period: the fiscal year ended December 31, 2023
  - Revenue: approximately $254.3 million
  - Net income: approximately $(557.9) million
  - EPS: $(15.50) per basic and diluted share
  - Result: reported results
  source text: Full Year 2023 Highlights • Revenue of approximately $254.3 million. • Net loss attributable to common shareholders of approximately $(557.9) million, or $(15.50) per basic and diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600626/000160062624000022/0001600626-24-000022-index.htm
- Earnings Releases
  Peakstone Realty Trust reported the quarter ended December 31, 2023 results: revenue approximately $63.1 million, net income approximately $(19.9) million, EPS $(0.55) per basic and diluted share.
  - Period: the quarter ended December 31, 2023
  - Revenue: approximately $63.1 million
  - Net income: approximately $(19.9) million
  - EPS: $(0.55) per basic and diluted share
  - Result: reported results
  source text: Fourth Quarter 2023 Highlights • Revenue of approximately $63.1 million. • Net loss of approximately $(21.8) million; net loss attributable to common shareholders of approximately $(19.9) million, or $(0.55) per basic and diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600626/000160062624000022/0001600626-24-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.