M&A
confidence high
sentiment positive
materiality 1.00
Peakstone Realty Trust agrees to $21/share cash merger with Brookfield; Q4 Core FFO $0.28
Peakstone Realty Trust
- Merger with Brookfield at $21.00/share all cash, ~$1.2B enterprise value; 34% premium to Jan 30 close; expected close Q2 2026.
- Q4 continuing ops revenue $26.0M, net income $3.5M ($0.09/share); Core FFO $0.28/share; Same Store Cash NOI +3.7% YoY.
- Completed exit from office; sold remaining 16 office assets in Q4 for ~$443.9M; eliminated Office segment.
- Acquired six IOS properties in Q4 for ~$38.5M; full-year IOS acquisitions totaled $96.2M.
- Dividend suspended per merger agreement; previously paid $0.10/share for Q4 on Jan 19, 2026.