Welcome to our dedicated page for Peakstone Realty news (Ticker: PKST), a resource for investors and traders seeking the latest updates and insights on Peakstone Realty stock.
Peakstone Realty Trust (NYSE: PKST) is a real estate investment trust that reports frequent updates on its transition toward an industrial-focused portfolio, with a particular emphasis on industrial outdoor storage (IOS) assets. The PKST news feed features company announcements, earnings results, and transaction activity that illustrate how the portfolio is evolving over time.
In its recent communications, Peakstone has highlighted the sale of multiple office properties and certain traditional industrial assets as part of a broader plan to reduce exposure to non-core segments and manage leverage. News items describe office property sales in various markets, the classification of office assets as discontinued operations or held for sale, and the impact of these transactions on the company’s segment mix and real estate net book value.
At the same time, Peakstone’s news releases detail acquisitions of IOS properties and leasing milestones at IOS redevelopment sites. These updates often include information about usable acres, occupancy, weighted average lease term, annualized base rent (ABR), and rent escalations, providing insight into how the IOS platform is expanding. The company also reports on leasing spreads and Same Store Cash Net Operating Income (Same Store Cash NOI) trends within its industrial portfolio.
Investors following PKST news can also review quarterly and annual earnings announcements, which summarize revenue, net income or loss, Core Funds from Operations (Core FFO), Adjusted Funds from Operations (AFFO), and balance sheet metrics such as total debt, liquidity, and net debt to Adjusted EBITDAre. Additional releases cover dividend declarations and the scheduling of earnings webcasts. For anyone tracking PKST stock, this news stream offers a consolidated view of Peakstone’s portfolio repositioning, financial performance measures, and ongoing shift toward an industrial and IOS-focused REIT model.
Peakstone Realty Trust (NYSE: PKST) announced on November 14, 2025 the sale of a two‑property office and R&D campus in Burlington, Massachusetts.
The assets total approximately 431,000 square feet and were sold for $84.5 million, or $196 per square foot. The company said the transaction reflects continued progress toward its industrial transformation and a strategic emphasis on industrial outdoor storage.
Peakstone Realty Trust (NYSE: PKST) reported third quarter 2025 results on November 5, 2025, highlighting a strategic shift to an industrial-only REIT and growth in industrial outdoor storage (IOS).
Key facts: Industrial ABR reached 60% after quarter end; continuing operations revenue was $25.8M; net income attributable to common shareholders was $3.5M ($0.09 per share); Core FFO was $0.48 per share and AFFO was $0.47 per share. The company closed $247.5M of office sales in 3Q and an additional $116.0M after quarter end, acquired $57.7M of IOS assets, and reported net debt to Adjusted EBITDAre of 5.4x with total liquidity of $438.0M.
Peakstone Realty Trust (NYSE: PKST) will release its third quarter 2025 financial results after the market closes on Wednesday, November 5, 2025. The company will host a listen-only webcast the same day at 5:00 p.m. Eastern Time.
Investors should visit https://investors.pkst.com/investors/events-and-presentations at least ten minutes before the webcast to register and install any required software. A replay will be available on the company website shortly after the live broadcast. Phone dial-ins: 1-844-825-9789 (domestic) and 1-412-317-5180 (international).
Peakstone Realty Trust (NYSE: PKST) has completed the sale of three properties for $177 million, including two office properties in Birmingham, AL and Greenwood Village, CO, and one industrial property in Sparks Glencoe, MD. The transactions were executed at a blended cap rate of 7.6%.
The sales mark a significant milestone in Peakstone's strategic transformation into an industrial REIT, with industrial Annual Base Rent (ABR) now exceeding 50% of total ABR. The company's office segment has been reduced to 20 properties with a net book value of $469 million, representing approximately 30% of total real estate value. The transactions have helped maintain the company's target leverage ratio of approximately 6.0x.
Peakstone Realty Trust (NYSE:PKST) reported Q2 2025 financial results, highlighting its strategic transformation into an industrial REIT with focus on Industrial Outdoor Storage (IOS). The company reported revenue of $54.0 million and a significant net loss of $(286.8) million, primarily due to a $286.1 million non-cash impairment related to office properties.
Key metrics include Core FFO of $0.60 per share, AFFO of $0.61 per share, and a 6.3% increase in Same Store Cash NOI to $35.6 million. The company's portfolio now comprises 94 properties, with industrial assets representing 65% of real estate net book value. During and after Q2, PKST completed $182 million in office sales and acquired two IOS properties for $52.4 million.
The Board reduced the quarterly dividend to $0.10 per share from $0.225, aligning with the company's industrial segment cash flow profile. The company's leverage improved to 6.6x, down from 7.0x in Q1 2025.
Peakstone Realty Trust (NYSE:PKST), a real estate investment trust specializing in industrial assets and industrial outdoor storage, has scheduled its second quarter 2025 earnings release for Thursday, August 7, 2025, after market close.
The company will host a webcast to discuss the results at 5:00 p.m. Eastern Time on the same day. Investors can access the listen-only webcast through the company's investor relations website, with dial-in options available for both domestic (1-877-407-9716) and international (1-201-493-6779) callers.
Peakstone Realty Trust (NYSE: PKST), an industrial assets-focused REIT, has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025 after market close. The company will host a webcast presentation of the results at 5:00 p.m. Eastern Time on the same day.
Investors can access the listen-only webcast through the company's investor relations website at investors.pkst.com. Participants are advised to register and install necessary software at least ten minutes before the start time. A replay will be available on Peakstone's website after the broadcast. For phone access, domestic callers can dial 1-877-407-9716, while international callers should use 1-201-493-6779.
Peakstone Realty Trust (NYSE: PKST) reported its financial results for Q4 and the full year 2024. The company continued its strategic shift towards industrial assets, with industrial ABR now nearly 40% of total ABR. Key highlights include the acquisition of a $490 million industrial outdoor storage (IOS) portfolio and the divestment of $317 million in non-core assets.
For Q4 2024, Peakstone reported revenue of $57.9 million, net income attributable to common shareholders of $12.7 million ($0.35 per share), and AFFO of $0.65 per share. Same Store Cash NOI was $39.0 million. The company completed 144,100 square feet of leasing at favorable releasing spreads.
For the full year 2024, revenue was $228.1 million, with a net loss attributable to common shareholders of $10.4 million ($0.30 per share), and AFFO of $2.69 per share. Same Store Cash NOI was $154.9 million. Peakstone sold 19 properties for $317.4 million and increased its industrial segment to 39.1% of portfolio ABR.
Moving forward, Peakstone plans to continue divesting non-core assets while focusing on IOS properties. Despite increased debt from the IOS acquisition, the company aims to reduce leverage strategically.
Peakstone Realty Trust (NYSE: PKST), an industrial assets-focused REIT, has scheduled its fourth quarter and full year 2024 earnings release for Thursday, February 20, 2025, after market close. The company will host a webcast presentation of the results at 5:00 p.m. Eastern Time on the same day.
Investors can access the listen-only webcast through the company's investor relations website at https://investors.pkst.com/investors/events-and-presentations. Participants are advised to register and install necessary software at least ten minutes before the start time. A replay will be available on the company's website after the broadcast. For phone access, domestic callers can dial 1-877-407-9716, while international callers should use 1-201-493-6779.