secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001600626-25-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Realty Trust Q1 2025 net loss $49.4M; advances shift to industrial REIT
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000160062625000045/0001600626-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000160062625000045/pkst-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001600626-25-000045

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