NETSTREIT Achieves Record Investment and Strong AFFO

NETSTREIT ( (NTST) ) has issued an update.

NETSTREIT Corp. reported a record $151.6 million in gross investment activity for the third quarter of 2024, achieving a 7.5% blended cash yield. Despite a net loss of $0.07 per diluted share, the company maintained a strong Adjusted Funds from Operations (AFFO) of $0.32 per share. With a fully occupied portfolio, NETSTREIT remains committed to enhancing portfolio diversification and consistent AFFO growth, aiming to deliver sustained value for shareholders.

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