Getty Realty (US:GTY) Globenewswire·2026-01-08 13:00Investment Activity - In 2025, the company invested approximately $269 million at a 7.9% initial cash yield, acquiring 26 drive-thru quick service restaurants, 25 convenience stores, 12 express tunnel car washes, and 10 auto service centers [3] - For the quarter ended December 31, 2025, the company invested about $135 million at a 7.9% initial cash yield, including 15 convenience stores, six auto service centers, and two express tunnel car washes [3] - As of December 31, 2025, the company had a committed investment pipeline of over $75 million for the development and acquisition of 28 convenience and automotive retail assets, expected to be funded over the next 3-12 months [4] Capital Markets Activity - In November 2025, the company closed a private placement of $250 million of senior unsecured notes at a fixed rate of 5.76%, maturing on January 22, 2036, with proceeds to repay amounts under its $450 million unsecured revolving credit facility [5] - During the quarter ended December 31, 2025, the company settled approximately 2.1 million shares of common stock for net proceeds of about $59 million and entered into new forward sale agreements for approximately 0.4 million shares, anticipated to raise about $13 million [6] 2026 Earnings Guidance - The company established its initial 2026 AFFO guidance at a range of $2.48 to $2.50 per diluted share, based on completed transaction activity and the notes issuance, but excluding prospective acquisitions and capital markets activities [8]