secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001600626-25-000066
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Q2 net loss $265M on $286M office impairment; dividend cut to $0.10
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- Revenue $54.0M; net loss attributable to common shareholders $(265.3)M ($7.22/share) from $286.1M office impairment.
- Core FFO $0.60/unit, down from $0.65; AFFO $0.61/unit, down from $0.70 YoY.
- Same Store Cash NOI up 6.3% to $35.6M; industrial assets now 65% of net book value.
- Board approved Q3 dividend of $0.10/share (down 56% from $0.225 in Q2) payable Oct 17, 2025.
- Sold $182M of office properties in Q2 plus $24M subsequent; acquired two IOS properties for $52.4M post-quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000160062625000066/0001600626-25-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000160062625000066/pkst-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001600626-25-000066

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