Peakstone Realty Trust (PKST) Company Overview

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the “Company”) (NYSE: PKST), a real estate investment trust (REIT) focused on owning and operating industrial assets, today announced the tax treatment of the Company's 2024 distributions for its common shares as they will be reported on Form 1099-DIV. Ordinary Income Capital Gains   Record Date Payable Date Total 2024 Total (Box 1a) Total (Box 2a) Unrecapt'd Sec 1250 (Box 2b) Nondividend Distributions(Box 3) Distributions Per Share (.

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust focused on owning and operating industrial assets, announced today that the Company has acquired a portfolio of 51 industrial outdoor storage (“IOS”) properties from a joint venture between Alterra IOS, and institutional investors advised by J.P. Morgan Asset Management in an off-market transaction valued at $490 million. The acquisition was funded by a combination of proceed.

Peakstone Realty Trust (NYSE:PKST ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Mike Escalante - President & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Operator Good afternoon, and welcome to Peakstone Realty Trust's Third Quarter 2024 Earnings Webcast. All participant lines are in a listen-only mode.

Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.78 per share a year ago.

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, announced it will release its third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Peakstone will host a webcast to present the results on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. To acc.

Peakstone Realty Trust (NYSE:PKST ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Michael Escalante - President & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Anthony Hau - Truist Securities Operator Greetings and welcome to Peakstone Realty Trust Second Quarter 2024 Earnings and Webcast Conference Call. At this time, all participants are in listen-only mode.

Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.70 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to FFO of $0.73 per share a year ago.

Peakstone Realty Trust (PKST) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further strength down the road.

Peakstone Realty Trust is a newly IPO'd REIT with a short track record, going public in 2023. Despite a decline in performance and share price, PKST is focusing on optimizing their portfolio towards industrial properties and strengthening their balance sheet. As a result of their near 50% share price decline, the 8.25% dividend yield may be an attractive opportunity for riskier investors.