Broadstone(US:BNL) Businesswire·2025-12-01 11:30Core Viewpoint - Broadstone Net Lease, Inc. (BNL) is entering 2026 with strong momentum and a clear strategy for growth, as highlighted by CEO John Moragne [2][3]. Business Update - BNL has provided an update on its business activities through December 1, 2025, and issued guidance for fiscal year 2026, expecting an AFFO of $1.53 to $1.57 per diluted share, representing approximately 4.0% growth at the midpoint [3][4]. - The guidance is based on key assumptions regarding real estate investments, property dispositions, and capital market activities throughout the year [3]. Investor Day - The guidance was issued in conjunction with BNL's upcoming Investor Day scheduled for December 2, 2025, where the company plans to provide deeper insights into its long-term strategy and operational execution [4]. Development Projects - As of November 25, 2025, BNL has several in-process and stabilized development projects, including retail and industrial properties, with projected rentable square feet and annual rent escalations detailed in their reports [5][6]. - The company has invested $696.7 million year-to-date, including $416.6 million in new property acquisitions and $181.8 million in build-to-suit developments [6]. Financial Guidance - BNL maintains its 2025 AFFO guidance of $1.49 to $1.50 per share, indicating a growth of 4.2% to 4.9% [6]. - The company anticipates investments in real estate properties between $500 million and $625 million and dispositions between $75 million and $100 million [6]. Portfolio Overview - As of September 30, 2025, BNL's diversified portfolio consists of 759 individual net leased commercial properties across the U.S. and Canada, focusing on single-tenant commercial real estate [8].