OLP Q4 net income attributable to shareholders at USD 2.4 million (-77.1%)

Reuters03-06
OLP Q4 net income attributable to shareholders at USD 2.4 million (-77.1%)

One Liberty Properties (OLP) reported Q4 2025 net income attributable to shareholders of USD 2.4 million (USD 0.10 per diluted share), down 77.1%, on rental income of USD 24.7 million, up 3.7%. Q4 FFO was USD 10.8 million (USD 0.50 per diluted share), up 8.2%, while Q4 AFFO was USD 10.4 million (USD 0.48 per diluted share), down 4.3%. For FY 2025, net income attributable to shareholders was USD 25.5 million (USD 1.15 per diluted share), down 16.3%, with rental income of USD 97.2 million, up 7.6%; FY FFO was USD 39.2 million (USD 1.80 per diluted share), up 3.0%, and FY AFFO was USD 41.6 million (USD 1.91 per diluted share), up 1.0%. OLP said it has shifted to a predominantly industrial portfolio, with approximately 82% of annual base rent from industrial properties, and reported year-end occupancy of 98.5%. In 2025, OLP acquired 13 industrial properties for USD 188.8 million and sold 12 non-core assets for USD 61.3 million of net proceeds, including 10 wholly owned properties for USD 58.9 million (USD 18.7 million gain) and two JV properties with USD 2.4 million net proceeds (USD 1.0 million gain). Subsequent to year end, OLP acquired 10 industrial properties for USD 56.7 million and entered into a contract to buy 14 acres of adjacent land for USD 0.8 million; it also has contracts to sell two retail properties for USD 6.0 million and USD 4.2 million, respectively. CEO Patrick J. Callan, Jr. said the portfolio repositioning marked “an important inflection point” and is expected to support earnings growth in 2026 and beyond.

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. One Liberty Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603051615PRIMZONEFULLFEED9666846) on March 05, 2026, and is solely responsible for the information contained therein.

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