Easterly Government Properties forecasts 2026 core FFO per share of $3.05 to $3.12

Reuters
Yesterday
Easterly Government Properties forecasts 2026 core FFO per share of $3.05 to $3.12

Easterly Government Properties’ management said the REIT delivered nearly 3% core FFO per share growth in 2025 and guided to $3.05–$3.12 in core FFO per share for 2026, implying about 3% growth at the midpoint, supported by the FDA Atlanta delivery, lease renewals and operating efficiencies. Executives highlighted portfolio occupancy near 97% and progress toward a medium-term leverage target of about 6x, while noting a $44.5 million all-cash acquisition of a three-asset Virginia portfolio at an approximately 11% cash cap rate with 2.5% annual rent escalations. Management also said recent federal efficiency efforts have not impaired portfolio performance and could be a medium- to long-term tailwind as agencies lean toward public-private partnerships for specialized facilities.

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