Acadia Realty Trust Reports Second Quarter 2026 Operating Results
Acadia Realty Trust reported Q2 2026 GAAP net earnings of $0.05 per share and FFO As Adjusted of $0.31 per share, increasing from $0.01 and $0.28 in the prior year respectively. Operating fundamentals remained robust, with REIT Portfolio same-property NOI growing 8.7% driven by a 15.6% surge in street retail, while cash leasing spreads on new leases hit a record 91%.
Key figures
- Eps
- 0.05
- Revenue
- 95423000
- Guidance
- GAAP net earnings to $0.40-$0.41 per share (from $0.37-$0.39) and FFO As Adjusted to $1.24-$1.26 per share (from $1.22-$1.26)
- Nareit ffo
- 0.3
- Ffo as adjusted
- 0.31
- Acquisitions ytd
- 652000000
- Net debt to ebitda
- 5.1x
- Same property noi growth
- 8.7%
- Street retail noi growth
- 15.6%
- Cash leasing spreads new leases
- 91%
AI analysis
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