August 5, 2025 - 08:07
Postal Realty Trust, Inc. has announced an increase in its 2025 Adjusted Funds from Operations (AFFO) guidance, now projected at $1.24 to $1.26 per diluted share, reflecting a $0.04 adjustment. This positive outlook underscores the company's robust financial performance and strategic growth initiatives.
During the second quarter, the company successfully acquired 68 properties from the United States Postal Service, totaling $35.9 million, with a weighted average capitalization rate of 7.8%. This acquisition further enhances Postal Realty's portfolio, which now includes over 2,150 properties.
Additionally, the company raised $12.8 million through its At-the-Market (ATM) program during the quarter and subsequent to the quarter's end. This capital will be utilized to fund future acquisitions, positioning Postal Realty Trust for continued expansion in the competitive real estate market. The combination of increased guidance, strategic acquisitions, and effective capital raising demonstrates the company's commitment to delivering value to its shareholders.
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