Peakstone said Q4 2025 revenue from continuing operations was about USD 26.00 million. Net income was about USD 3.70 million, with net income attributable to common shareholders of about USD 3.50 million, or USD 0.09 per share. Core FFO was USD 0.28 per share/unit and AFFO was USD 0.28 per share/unit. Same Store Cash NOI rose 3.7% to about USD 11.50 million. For FY 2025, Peakstone reported revenue from continuing operations of about USD 106.00 million and a net loss of about USD 332.60 million, with net loss attributable to common shareholders of about USD 307.70 million, or USD 8.37 per share. Core FFO was USD 1.98 per share/unit and AFFO was USD 1.99 per share/unit. Same Store Cash NOI increased 2.4% to about USD 45.50 million. The company highlighted a proposed all-cash merger announced Feb. 2, 2026, under which a Brookfield private real estate fund would acquire all outstanding shares for USD 21.00 per share, implying an enterprise value of about USD 1.20 billion; Peakstone expects the deal to close by the end of Q2 2026, subject to customary conditions including shareholder approval. Peakstone also said it completed its exit from office in 2025, including selling all remaining Office segment properties in Q4 (16 assets) for about USD 443.90 million, eliminating the Office segment as of Dec. 31, 2025. In Q4, Peakstone acquired six IOS properties for about USD 38.50 million and completed 11.4 usable acres of IOS leasing at weighted average releasing spreads of 9.7% (GAAP) and 3.7% (cash). As of Dec. 31, 2025, total outstanding debt was USD 485.90 million and cash and cash equivalents were USD 138.70 million. Peakstone paid a Q4 dividend of USD 0.10 per share in January 2026 and said it has agreed to suspend its regular quarterly dividend until the earlier of closing or termination of the merger agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peakstone Realty Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260218829781) on February 18, 2026, and is solely responsible for the information contained therein.