Curbline Properties

Q2 FY2026 Earnings2Q26 Operating FFO reached $33.3M ($0.31 per diluted share), up 23.8% YoY from $26.9M, primarily driven by record investment volume of $374.1M in acquisitions. Net income fell 33.5% YoY to $6.9M ($0.06 per share) due to higher interest and depreciation expenses related to portfolio expansion. Portfolio leased rate remained strong at 96.5% with cash new leasing spreads of 8.2% and renewal spreads of 8.6%. The company raised its full-year OFFO guidance to $1.24 - $1.26 per share, backed by $850.9M in liquidity for future acquisitions.