NetSTREIT(US:NTST)2026-02-10 21:17Investment Activity - NETSTREIT completed a record $657.1 million of gross investment activity in 2025 at a blended cash yield of 7.5%[2] - In Q4 2025, NETSTREIT made 57 investments totaling $245.4 million, resulting in a net investment activity of $198.3 million for the quarter[5] - For 2026, NETSTREIT provided AFFO per share guidance of $1.35 to $1.39, with expected net investment activity between $350 million and $450 million[9] Financial Performance - The company reaffirmed its 2025 Adjusted Funds from Operations (AFFO) per share guidance of $1.30 to $1.31[8] - The cash yield on loan repayments was 10.1% for the year ended December 31, 2025[5] Ratings and Liquidity - The company achieved an investment grade rating of BBB- from Fitch Ratings in December 2025[2] - Total liquidity as of December 31, 2025, was $1.037 billion, including $499.9 million of unused unsecured revolver capacity[7] Tenant Quality - The percentage of annualized base rent (ABR) derived from investment grade tenants was 25.8% for Q4 2025[5] Administrative Expenses - The company expects cash general and administrative expenses for 2026 to be in the range of $16 million to $17 million[9] Lease Terms - The weighted average lease term for investments was 15.0 years as of December 31, 2025[5]