Welcome to our dedicated page for Orion Properties news (Ticker: ONL), a resource for investors and traders seeking the latest updates and insights on Orion Properties stock.
Orion Properties Inc. (NYSE: ONL) is an internally managed REIT that regularly issues news and updates about its single-tenant net lease office and dedicated use property portfolio across high-quality suburban markets in the United States. The company’s news flow provides insight into its leasing activity, property sales, capital structure and corporate governance matters.
Recent press releases highlight quarterly earnings results, including details on revenues, Funds From Operations (FFO), Core FFO, EBITDAre and Adjusted EBITDA, as well as updates on leasing transactions across markets such as Georgia, Texas, Tennessee, Florida, New Jersey, Indiana and California. Orion also reports on disposition activity, including sales of vacant, near-term vacant and stabilized traditional office properties as part of its portfolio transformation toward more dedicated use assets.
Investors following ONL news will also see announcements regarding dividend declarations, guidance ranges for Core FFO per share and Net Debt to Adjusted EBITDA, and commentary from management on strategic priorities such as leasing, non-core asset sales and the shift in portfolio concentration. In addition, Orion’s news includes information on unsolicited, non-binding acquisition proposals and revised indications of interest from Kawa Capital Management, as well as the Board of Directors’ unanimous decisions to reject specific proposals that it determined significantly undervalued the company.
Other updates cover governance and proxy-related matters, including Kawa’s attempts to nominate directors and the Board’s determination that a nomination notice was invalid under the company’s bylaws. For investors and analysts, the ONL news page offers a centralized view of Orion’s operating performance, portfolio changes and Board-level decisions as disclosed through Business Wire releases and related communications.
Orion Properties (NYSE: ONL) announced the income tax classification of its 2025 common stock dividends. The company reports four 2025 payments: $0.10 paid Jan 15, 2025 and three quarterly payments of $0.02 paid Apr 15, Jul 15, and Oct 15, 2025. Each payment is shown as $0.00 for Ordinary Dividends (Box 1a) and Capital Gain Distribution (Box 2a) and as Nondividend Distributions (Box 3) for the full amount. Stockholders are advised to consult tax advisors. The dividend declared in November 2025 and paid in January 2026 will be reported on 2026 tax forms.
Orion Properties (NYSE:O) announced a strategic options review to evaluate potential mergers, acquisitions, a sale, or remaining independent. The Board directed management and outside financial and legal advisors to run a process to identify actionable alternatives designed to maximize stockholder value, but made no assurance that any transaction will occur and set no timetable for completion.
Orion also signed a Cooperation Agreement with The Kawa Fund, under which Kawa withdrew its 2026 board nominations and agreed to standstill, voting and confidentiality commitments, and may participate in the review on substantially the same terms as other third parties. Wells Fargo and J.P. Morgan are financial advisors; Hunton Andrews Kurth is legal counsel.
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Orion (NYSE: ONL) announced on November 26, 2025 that a director nomination notice submitted by The Kawa Fund Limited ("Kawa") is invalid because it failed to meet several requirements in Orion's bylaws, including proof that Kawa is a record holder of common stock.
The Board said Kawa's notice lacked other required disclosures, including substantive plans for the company, and therefore Kawa is not entitled to nominate candidates for election at the 2026 annual meeting. Orion said no stockholder action is required now and that it will announce the meeting date and file proxy materials with the SEC in due course.
Orion Properties (NYSE: ONL) confirmed receipt of a notice from Kawa Capital Management nominating five individuals for election to Orion's Board of Directors at the 2026 Annual Meeting of Stockholders. The Board's Nominating and Corporate Governance Committee will review the nominees under the company's process and guidelines. The Board will state its formal recommendation in the company's proxy statement, which will be filed with the SEC and mailed to eligible stockholders. The company said no stockholder action is required at this time and the 2026 meeting date has not yet been scheduled.
Orion Properties (NYSE: ONL) reported third-quarter 2025 results on November 6, 2025, highlighting portfolio transformation through disposals, leasing and an improved 2025 outlook.
Key metrics: Q3 revenue $37.1M; net loss $(69.0)M ($(1.23)/share); Core FFO $11.0M ($0.19/share); FFO $6.6M ($0.12/share); EBITDAre $15.1M. Year-to-date disposals total $64.4M (8 properties) and YTD leasing reached 919,000 sq ft (303,000 sq ft in Q3). Portfolio: 63 operating properties, annualized base rent $113.9M, occupancy 72.8% (74.5% adjusted) and WALT 5.8 years. Liquidity: $273.0M. Board declared a $0.02 per-share Q4 2025 dividend payable Jan 15, 2026. Management tightened 2025 guidance: Core FFO $0.74–$0.76 and Net Debt/Adj. EBITDA 6.7x–7.2x.
Orion Properties (NYSE: ONL) will release results for the third quarter ended September 30, 2025 after market close on Thursday, November 6, 2025. Management will review results via a webcast and conference call at 10:00 a.m. ET on Friday, November 7, 2025, hosted by CEO Paul McDowell and CFO Gavin Brandon. Investors can access the live webcast at onlreit.com/investors. Domestic callers should dial 1-844-539-3703; international callers should dial 1-412-652-1273 and join ten minutes early.
A replay of the webcast will be available on the investor site. The conference call replay runs from 1:00 p.m. ET on November 7, 2025 through 11:59 p.m. ET on November 21, 2025; replay numbers are 1-844-512-2921 (domestic) and 1-412-317-6671 (international) with passcode 13753246.
Orion Properties (NYSE:ONL) reported its Q2 2025 results, highlighting significant leasing activity and strategic property dispositions. The company completed 179,000 square feet of leasing in Q2 and an additional 80,000 square feet post-quarter. Financial results showed total revenues of $37.3 million and a net loss of $(25.1) million, or $(0.45) per share.
The company successfully sold four vacant properties for $26.9 million in Q2 and has agreements to sell five additional properties for $56.9 million. Orion declared a Q3 2025 dividend of $0.02 per share and improved its 2025 guidance, raising Core FFO expectations to $0.67-$0.71 per share and lowering Net Debt to Adjusted EBITDA range to 7.3x-8.3x.
The portfolio consists of 66 Operating Properties with a 77.4% occupancy rate and generates $118.9 million in annualized base rent, with 68.5% derived from Investment-Grade Tenants.
Orion Properties (NYSE:ONL) announced that its Board of Directors has unanimously rejected a revised non-binding acquisition proposal from Kawa Capital Management. The offer, submitted on July 17, 2025, proposed to acquire all outstanding Orion shares for $2.75 per share in cash.
The decision came after a thorough review process conducted by the Orion Board in consultation with independent financial advisor Wells Fargo and legal advisor Hunton Andrews Kurth LLP. According to Non-Executive Chairman Reginald H. Gilyard, the Board determined that Kawa Capital's proposal significantly undervalues the company and its prospects.
Orion Properties (NYSE:ONL) has received a revised unsolicited, non-binding acquisition offer from Kawa Capital Management. The new proposal offers $2.75 per share in cash for all outstanding shares not already owned by Kawa, representing a $0.25 increase from their previous June 20 offer of $2.50 per share which was rejected on July 9.
The Orion Board of Directors will evaluate the revised proposal with independent legal and financial advisors to determine the best course of action for the company and shareholders. Wells Fargo and Hunton Andrews Kurth LLP are serving as financial and legal advisors respectively.
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