Acadia Realty Trust reported third quarter 2025 GAAP net earnings of $0.03 per share and Funds From Operations (FFO) Before Special Items of $0.33 per share. The REIT portfolio's same-property Net Operating Income (NOI) increased by 8.2%, with the street retail portfolio experiencing a 13% rise. GAAP and cash leasing spreads on new and renewal leases were 29% and 12%, respectively. Portfolio occupancy increased by 140 basis points to 93.6% as of September 30, 2025. The company completed a $63 million acquisition during the third quarter, bringing total acquisition volume for the year to $487 million. The pro-rata Net Debt-to-EBITDA ratio was reduced to 5.0x. Approximately $212 million of equity was raised during the third quarter and fourth quarter-to-date. The Signed Not Open (SNO) pipeline stands at 5% of Annualized Base Rent $(ABR)$, or $11.9 million.
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. Acadia Realty Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20251028288029) on October 28, 2025, and is solely responsible for the information contained therein.
Comments