earnings
confidence high
sentiment negative
materiality 0.75
Peakstone Realty Trust Q1 2025 net loss $49.4M; advances shift to industrial REIT
Peakstone Realty Trust
2025-Q1 EPS reported
-$1.35
revenue$56,971,000
- Net loss attributable to common shareholders of $49.4M ($1.35/sh) vs net income $5.0M ($0.14) in Q1 2024.
- Revenue $57.0M, down from $59.2M YoY; Core FFO $0.62/sh vs $0.65; AFFO $0.62 vs $0.70.
- Same Store Cash NOI +4.0% to $39.0M; Industrial ABR grew 10% QoQ driven by IOS leasing.
- Sold $144M of office properties YTD; targeting growth in industrial outdoor storage (IOS).
- Dividend maintained at $0.225/sh; payable July 17, 2025 to holders of record June 30, 2025.