Highlands REIT Q1 FY26 net loss widens 15% to $2.59 million; revenue rises 1% to $9.39 million

HIGHLANDS REIT INC

HIGHLANDS REIT INC

HHDS

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  • Highlands REIT posted a net loss of $2.59 million for quarter ended March 31, 2026, widening 15% year over year.
  • Revenue edged up 1% to $9.39 million, as rental income rose 1.4% to $9.21 million.
  • Total expenses increased 4.3% to $10.38 million, led by a 15.5% jump in property operating costs to $2.99 million.
  • Economic occupancy slipped 2.7 percentage points to 73.9%, while rent per square foot increased to $26.80.
  • Funds from operations fell to $310,000 from $599,000, while cash and cash equivalents totaled $20 million at March 31, 2026.


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