-+ 0.00%
-+ 0.00%
-+ 0.00%

Slate Grocery REIT says Q2 2026 NOI growth driven by double-digit leasing spreads and high renewal volumes

PUBT·08/06/2026 18:13:19
Listen to the news
Slate Grocery REIT says Q2 2026 NOI growth driven by double-digit leasing spreads and high renewal volumes
  • Q2 2026 results reflected strong leasing volumes and rent resets; 569,458 SF leased with a 16% weighted average rental spread.
  • Renewal spreads ran 16.7% above expiring rents; new leases priced 41% above average in-place rent, supporting same-property NOI growth.
  • NOI rose to USD 42.48 million from USD 41.66 million, driven by leasing spreads, termination income, and Tom Thumb minority interest acquisition contribution.
  • FFO fell to USD 14.8 million from USD 15.88 million, pressured by higher cash interest and finance charges.
  • AFFO declined to USD 11.46 million from USD 12.62 million; occupancy ended at 93.6% with the drop tied mainly to two junior-anchor vacancies.


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. Slate Grocery REIT published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.