Postal Realty Trust, Inc. announced strong financial results for 2024 and positive guidance for 2025.

From GlobeNewswire: 2025-02-26 18:08:01

Postal Realty Trust, Inc. announced 2025 AFFO guidance of $1.20 to $1.22 per diluted share, raised dividend per share for the seventh consecutive year, and executed new leases with 3% annual rent escalations and ten-year terms. In 2024, the company acquired $91 million in properties at an average capitalization rate of 7.6% and saw rental income increase by 20%. The company’s owned portfolio is 99.6% occupied, comprising 1,703 properties across 49 states with a weighted average rental rate of $10.60 per leasable square foot. The company expects 2025 AFFO per share to be within a range of $1.20 to $1.22.



Read more at GlobeNewswire: Postal Realty Trust, Inc. Reports Fourth Quarter and Year