Acadia Realty Trust Q3 2025 Earnings Release

Acadia Realty Trust reported its third quarter 2025 financial results, highlighting a GAAP net earnings of $0.03 per share and FFO Before Special Items of $0.33 per share. The REIT Portfolio's same-property NOI increased by 8.2%, driven by a 13% growth in the street retail portfolio. The company also completed a $63 million acquisition during the quarter, bringing the year-to-date acquisition volume to $487 million. Acadia raised approximately $212 million of equity to fund its acquisition pipeline and the Henderson redevelopment project. The company maintained its FFO Before Special Items guidance and updated its 2025 net earnings and NAREIT FFO per diluted share annual guidance.