earnings
confidence high
sentiment positive
materiality 0.85
Peakstone Q4 AFFO $0.65; acquires $490M IOS portfolio; divests $317M non-core in 2024
Peakstone Realty Trust
2024-FY EPS reported
-$0.30
revenue$228,073,000
- Q4 2024 revenue $57.9M; net income attributable to common shareholders $12.7M ($0.35/share).
- Full year 2024 net loss attributable to common shareholders $(10.4)M ($(0.30)/share); AFFO $2.69/share.
- Acquired 51 industrial outdoor storage properties for $490.0M in Q4; industrial ABR now ~40% of total.
- Divested $317.4M of non-core assets in 2024, including all Other segment assets; credit facility amended.
- Q1 2025 dividend declared at $0.225/share, payable April 17, 2025 to holders of record March 31, 2025.