Acadia Realty Trust Reports Third Quarter 2026 Operating Results
Business Wire•02/11/2026•08:00 ET
0
Key Highlights
- ➤FFO As Adjusted rose to $0.31 per share from $0.29 year-over-year
- ➤Same-property NOI increased 10.2%; 2026 growth outlook is 7.5%-8.5%
- ➤2026 net earnings guidance cut to $0.29-$0.30 from $0.40-$0.41
- ➤Acadia completed approximately $152 million of accretive street acquisitions
- ➤Henderson Avenue leasing reached approximately 90% of retail GLA
Expert Statements
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust
“We delivered third-quarter same-property NOI growth that ranks among the strongest in our history, led once again by growth of more than 15% in our street retail portfolio.”
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust
“Through the first nine months of 2026, same-property NOI growth exceeded 8%, and that top-line growth is dropping to the bottom line, with FFO As Adjusted up nearly 10% both compared with the same period last year.”
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust
“Leasing momentum continued across our key street retail corridors, and we are now beginning to see demand broaden into our larger-format urban markets, which have been slower to recover.”
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust
“Complementing this momentum, we acquired approximately $150 million of street retail during the quarter, adding properties that are accretive across each of our key metrics and strengthen the scale advantage we have established in these markets.”
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust
“With strong internal growth continuing into 2027 and beyond, along with ample liquidity and meaningful investment capacity, we are well positioned to further accelerate our growth as compelling opportunities emerge.”
Acadia Realty Trust Reports Third Quarter 2026 Operating Results
Key Highlights for the three months ended September 30, 2026 include:
Get started
Create a free account to read the full story.