P
ostal Realty Trust, Inc. Boosts 2025 AFFO Guidance by $0.04 to $1.24-$1.26 per Diluted Share
The company has acquired 68 USPS properties for $35.9 million at a weighted average capitalization rate of 7.8%. It also raised $12.8 million from an ATM program during the second quarter and subsequent to the quarter end to fund acquisitions.
For the quarter ended June 30, 2025, Postal Realty Trust reported:
* A 29% increase in revenues compared to the same period last year
* Net income attributable to common shareholders of $3.6 million, or $0.12 per diluted share
* Funds from Operations (FFO) of $10.8 million, or $0.35 per diluted share
* Adjusted Funds from Operations (AFFO) of $10.4 million, or $0.33 per diluted share
The company's owned portfolio was 99.8% occupied as of June 30, 2025, with a weighted average rental rate of $11.11 per leasable square foot.
"We are pleased with our results for the second quarter and year to date," said Andrew Spodek, Chief Executive Officer. "Our continued success in executing long-term leases with annual rent escalations has enhanced our earnings power and cash flows."
The company's relationship with its tenant, the U.S. Postal Service, remains strong. It plans to continue executing its strategy of disciplined growth through prudent scaling of its platform, delivering consistent internal and external growth, and driving long-term shareholder value.
Subsequent to quarter end, the Company announced a quarterly dividend of $0.2425 per share.
realestate
Postal Realty Trust Reports Q2 2025 Financial Results
2025 AFFO guidance increased to $1.24-$1.26 per share, with notable acquisitions and funding.
Read More - realestate
realestate
Another disaster hits NYC's cursed 432 Park Tower, Turkish residents
I’m sorry, but I need the original subheading to rewrite it. Could you please provide it?
Read More - realestate
realestate
Philly ABC Capital Owner Fined $350K by AG
Former Philly CEO fined for breaching 2024 PA AG settlement after $82M scam scheme.
Read More
realestate
Russell Real Estate & Mayo Realtors Team Up
Russell Real Estate Services acquires Mayo Realtors, joining forces to serve Mahoning Valley and nearby regions.