NETSTREIT Corp. (NYSE: NTST) reported third‑quarter 2025 results, posting adjusted funds from operations of $0.33 per diluted share and net income of $0.01 per diluted share. Revenue for the quarter was $48.3 million, up from $41.4 million in the same period a year earlier.
The company recorded $203.9 million in gross investment activity, a record for the quarter, and a blended cash yield of 7.4 %. Net investment activity was $142.01 million, and the portfolio grew by 46 properties while 24 were disposed of. Occupancy remained at 99.9 % and the weighted average lease term was 13.4 years.
NETSTREIT completed a $219.8 million forward equity offering in July 2025 and issued $450 million in term loans, bringing total liquidity to $1.134 billion. The term loans mature in 2031 and 2032 and carry interest rates of 3.5 % and 3.75 % respectively.
Management raised its 2025 net investment guidance to $350 million–$400 million, up from the prior $125 million–$175 million range, and reaffirmed full‑year adjusted funds from operations guidance at $1.29–$1.31 per share. The company also announced a quarterly dividend of $0.215 per share for the fourth quarter of 2025, with a record date of December 1 and a payment date of December 15.
A conference call to discuss the results and outlook is scheduled for Tuesday, October 28, 2025, at 11:00 AM ET.
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