Net Lease Office Properties posts Q1 FY26 net income of 24,998; revenue USD 9.03 million

Net Lease Office Properties

Net Lease Office Properties

NLOP

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  • Net Lease Office Properties posted net income attributable to shareholders of USD 25 million, or USD 1.69 per diluted share, on revenue of USD 9.03 million for the three months ended March 31, 2026.
  • AFFO attributable to shareholders totaled USD 6.12 million, or USD 0.41 per diluted share, while FFO attributable to shareholders was a loss of USD 5.39 million, or USD 0.36 per diluted share.
  • Special cash distributions declared reached USD 148.88 million, or USD 10.05 per share, during the quarter.
  • Portfolio occupancy was 73.1% with 18 properties and 11 tenants, while weighted-average lease term was 2.9 years and annualized base rent was USD 25.76 million.
  • Property sales totaled 6 assets for USD 153.43 million of gross proceeds during the quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Net Lease Office Properties published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001952976-26-000032), on May 07, 2026, and is solely responsible for the information contained therein.