Future EarningsThere is a reduction in the net promote assumption for 2026, down from $17.5m in 2025 to $6m, due to no expected monetization from Albertsons Company.
Occupancy RatesCore portfolio leased occupancy fell 80 bps, affected by known bankruptcies, which challenges overall occupancy rates.
Rental IncomeBlended cash lease spreads declined 5.6% compared to the previous quarter's performance, reflecting pressure on rental income growth.