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Peakstone Realty Trust 8-K Filings

PKST NYSE

Every 8-K that Peakstone Realty Trust (PKST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow PKST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PKST filings page.

Rhea-AI Summary

Peakstone Realty Trust has completed its acquisition by a Brookfield affiliate in an all-cash merger. Peakstone shareholders receive $21.00 per share in cash, valuing the company at approximately $1.2 billion, and all common shares and operating partnership units were cancelled for cash consideration.

Following the closing, Peakstone’s shares were suspended from trading on the NYSE, with delisting and deregistration actions underway, and the company is now privately held and indirectly controlled by Brookfield. The prior board and executive team resigned, new Brookfield-affiliated trustees and officers were appointed, the surviving entity converted into a Maryland corporation, and it issued 125 shares of 12.0% Series A Redeemable Cumulative Preferred Stock for $125,000.

Rhea-AI Summary

Peakstone Realty Trust shareholders have approved a planned merger described in a February 2, 2026 Merger Agreement with BSREP V Neon Pooling REIT L.P. and related Brookfield-affiliated entities. At a special meeting on April 29, 2026, 21,848,801 Company Common Shares voted for the main merger proposal, versus 304,887 against and 288,066 abstaining.

A quorum was present, with 22,441,754 shares representing about 60.34% of the 37,187,359 shares outstanding as of the record date. Shareholders also approved, on a non-binding advisory basis, potential merger-related compensation for named executive officers, with 16,360,800 votes for, 5,655,446 against and 425,508 abstentions. A proposal to allow adjournment of the meeting to solicit additional proxies, if needed, was approved, but adjournment proved unnecessary because the merger proposal already had sufficient support.

Rhea-AI Summary

Peakstone Realty Trust agreed to be acquired by a Brookfield private real estate fund for $21.00 per share in cash, implying enterprise value of about $1.2 billion and a 34%–51% premium to recent trading benchmarks. The deal was unanimously approved by Peakstone’s board and is expected to close by the end of the second quarter of 2026, subject to common shareholder approval and customary conditions.

For 2025, Peakstone generated approximately $106.0 million of revenue from continuing operations and reported a net loss attributable to common shareholders of about $(307.7) million, or $(8.37) per share, largely tied to office discontinued operations and related impairments. Core FFO was $1.98 per share/unit and AFFO was $1.99. The company completed its strategic shift to an industrial-only REIT, selling 33 office properties for roughly $883.7 million and acquiring nine industrial outdoor storage assets for about $96.2 million. Debt was reduced by $874.4 million to $485.9 million, bringing Net Debt to Adjusted EBITDAre to 5.4x, while the 76-property industrial portfolio was 100% occupied by square footage and 97.9% by usable acres with annualized base rent of $78.1 million. Peakstone paid a $0.10 per-share dividend for the fourth quarter but has suspended future regular dividends under the merger agreement until the transaction closes or is terminated.

Rhea-AI Summary

Peakstone Realty Trust agreed to be acquired by investment funds affiliated with Brookfield in an all-cash deal. Each outstanding common share will be converted into $21.00 in cash at the effective time of the company merger.

A related partnership merger will deliver cash based on Operating Partnership common units’ REIT share equivalents, also at $21.00 per share. All RSU awards will be cashed out using the same price plus any unpaid distribution equivalents, less taxes.

The board unanimously approved the transaction, which requires shareholder approval and is subject to customary conditions, including no Company Material Adverse Effect. Peakstone has a “go‑shop” period through March 4, 2026 to solicit superior proposals, with a $16 million break fee for certain early superior deals and a $34 million fee in other specified termination scenarios. Parent could owe a $122 million reverse termination fee if it fails to close under defined circumstances. Parent has committed equity and debt financing and there is no financing condition. Regular quarterly dividends are suspended; any REIT‑required dividends would reduce the per‑share merger consideration dollar for dollar.

Rhea-AI Summary

Peakstone Realty Trust furnished a press release and supplemental information discussing its financial results for the quarter ended September 30, 2025. The materials were provided under Item 2.02.

The information, including Exhibits 99.1 and 99.2, is furnished and not deemed filed or subject to Section 18 of the Exchange Act, and is not incorporated by reference into other filings.

Exhibits: 99.1 Press Release (Earnings), 99.2 Supplemental Information, 104 Cover Page Inline XBRL data file.

Rhea-AI Summary

Peakstone Realty Trust furnished an update about a recent transaction. On September 3, 2025, the company issued a press release titled “Peakstone Realty Trust Completes Sale of Three Properties for $177 Million,” indicating it has completed the sale of three properties for $177 million. The press release is provided as an exhibit and is treated as furnished rather than filed under securities laws, which limits how it is incorporated into other regulatory documents.