secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001600626-24-000103
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Q3 2024 rev $55M, net loss $24.4M ($0.67/sh), AFFO $0.65/sh, leasing spreads 47%/29%
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- Revenue $55.0M vs $61.7M YoY; Same Store Cash NOI $42.0M (-0.9%).
- Net loss to common shareholders $24.4M ($0.67/sh) vs $127.6M ($3.55/sh) YoY.
- AFFO $25.7M ($0.65/sh) vs $30.7M ($0.78/sh) YoY.
- Completed 147,400 sq ft leasing at 47% GAAP / 29% cash spreads; sold 4 properties for ~$40M.
- Declared $0.225/sh dividend payable Jan 17, 2025; credit facility amended, net debt/EBITDAre 6.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000160062624000103/0001600626-24-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000160062624000103/pkst-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001600626-24-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer