Inland Real Estate Income Trust swings to Q2 FY26 net income of $1.07 million; rental income rises to $37.9 million
Reuters2026/08/05 19:19- Inland Real Estate Income Trust posted GAAP net income of USD 1.07 million for the quarter ended June 30, 2026, swinging from a GAAP net loss of USD 2.16 million.
- Rental income rose 1.38% to USD 37.9 million, while property net operating income increased 2.08% to USD 25.53 million.
- Interest expense climbed 2.49% to USD 10.04 million, and depreciation and amortization rose 7.88% to USD 15.4 million.
- Results included a GAAP gain on sale of investment property of USD 4.99 million from the sale of The Village at Burlington Creek.
- Portfolio occupancy improved to 92.9% physical and 93.1% economic as of June 30, 2026, up 0.5 percentage points from March 31, 2026.
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