Acadia Realty Trust

Q2 FY2026 EarningsQ2 FY26 net income attributable to shareholders reached $11.0M, up 462.3% YoY, while revenue decreased 5.1% to $95.4M. Growth was primarily driven by a $146.1M gain on property dispositions and the absence of prior-year impairment charges. The REIT Portfolio showed strong momentum with Same-Property NOI increasing 8.7% YoY and cash rent spreads on new/renewal leases hitting 77.7%. Total indebtedness was reduced to $1.64B through strategic dispositions and equity issuance, with 77.7% of debt effectively fixed.