Peakstone Realty Trust (PKST -1.22%), a real estate investment trust specializing in industrial and office properties, reported its second-quarter 2025 results on August 7, 2025. The headline news focused on better- than-expected operational earnings, substantial ongoing repositioning of its property portfolio, and a significant non-cash office-related asset impairment that led to a deep net loss. Adjusted funds from operations (AFFO) per share reached $0.61, far outpacing the analyst estimate of $0.05 (non ...