Broadstone Net Lease achieved robust third-quarter results, underscored by a 5.7% increase in quarterly AFFO per share and a strong pipeline of accretive acquisitions totaling $204 million.
- 100% rent collection for the quarter, successfully addressing prior lease issues with At Home and Claire's.
- Increased full-year 2025 AFFO per share guidance to $1.49–$1.50, reflecting 4.2%–4.9% growth.
- Ongoing investments in a diverse pipeline, including $552.6 million year-to-date, with a focus on build-to-suit projects yielding significant returns.
- Successful issuance of $350 million in senior unsecured notes at attractive terms, with solid market demand validating the company's strategic direction.
- Anticipating continued growth driven by favorable trends in e-commerce and reshoring, positioning the portfolio favorably for the future.
Community Discussion