Convenience and automotive retail real estate
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Getty Realty Corp. Provides 2025 Business Update
Globenewswire· 2026-01-08 13:00
Investment 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]
Getty Realty Corp. To Report Fourth Quarter 2025 Financial Results
Globenewswire· 2025-12-23 13:00
Core Viewpoint - Getty Realty Corp. is set to release its financial results for Q4 2025 on February 11, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results for the fourth quarter ended December 31, 2025, will be disclosed after market hours on February 11, 2026 [1] - A conference call and webcast will be held on February 12, 2026, at 8:30 a.m. ET to discuss the results [2] - A replay of the conference call will be available from February 12, 2026, at 11:30 a.m. ET until February 26, 2026 [3] Group 2: Company Overview - Getty Realty Corp. is a publicly traded net lease REIT focused on convenience and automotive retail real estate [4] - As of September 30, 2025, the company’s portfolio consists of 1,160 freestanding properties across 44 states and Washington, D.C. [4]