secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001628280-26-009042
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Realty Trust agrees to $21/share cash merger with Brookfield; Q4 Core FFO $0.28
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000162828026009042/0001628280-26-009042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000162828026009042/pkst-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-009042

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