Peakstone Realty Trust ( (PKST) ) has released its Q2 earnings. Here is a breakdown of the information Peakstone Realty Trust presented to its investors.
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Peakstone Realty Trust is a real estate investment trust specializing in industrial assets, with a strategic focus on industrial outdoor storage. In its second quarter of 2025, Peakstone Realty Trust reported significant progress in its transition to an industrial REIT, emphasizing growth in the industrial outdoor storage sector and divesting office properties. The company achieved a revenue of $54 million, but faced a net loss of $286.8 million due to a substantial non-cash impairment related to office properties. Despite the loss, Peakstone reported a 6.3% increase in Same Store Cash Net Operating Income and made strategic acquisitions in the industrial segment. The company’s portfolio now consists of 94 properties, with industrial assets making up 65% of its net book value. Looking forward, Peakstone Realty Trust remains focused on scaling its industrial outdoor storage platform and generating long-term value for shareholders.
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