Office Properties Income Trust swings to net loss of $3.09 million in FY26 Q2 Successor period; revenue drops to $18.36 million
Reuters2026/08/05 22:39Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Office Properties Income Trust posted a GAAP net loss of USD 3.09 million for June 18–30, 2026, swinging from a GAAP net loss of USD 789.02 million for April 1–June 17, 2026.
- Rental income was USD 18.36 million for June 18–30, 2026 versus USD 98.47 million for April 1–June 17, 2026.
- Adjusted EBITDAre was USD 10.9 million for June 18–30, 2026 versus USD 53.81 million for April 1–June 17, 2026.
- Executed 176,000 square feet of leasing with a 7.3-year weighted average lease term; same-property occupancy ended at 88.7%.
- Exited Chapter 11, cutting debt by USD 714 million; sold two properties for USD 58.5 million, agreed to sell nine for USD 49.7 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Office Properties Income Trust published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.
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