| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.47 | 23.7% |
| Total Income | 0.47 | 23.7% |
| Expenditure | 10.24 | 26.4% |
| PBT | — | |
| Net Profit | 5.18 | 23.7% |
| OPM | — | |
| NPM | 100.00% | 0.00pp |
| EPS | 0.07 | 22.2% |
InvenTrust Reports Q1 2026: Nareit FFO at $0.53 per diluted share
03 May 2026 · 3 May, 6:36 pm
Summary
InvenTrust Properties Corp. reported its financial and operating results for the quarter ended March 31, 2026. Net Income was $5.2 million, or $0.07 per diluted share, compared to $6.8 million, or $0.09 per diluted share, for the same period in 2025. Nareit FFO was $0.53 per diluted share, and Core FFO was $0.49 per diluted share. Same Property NOI increased by 2.6%.
Key Highlights
- 1
InvenTrust reported a Nareit FFO of $0.53 per diluted share for the first quarter of 2026.
- 2
Core FFO for the three months ended March 31, 2026, was $0.49 per diluted share.
- 3
Same Property Net Operating Income increased by 2.6% for the quarter ended March 31, 2026.
- 4
Leased Occupancy as of March 31, 2026, stood at 96.4%.
- 5
The company executed 64 leases totaling approximately 329,000 square feet of GLA, with 249,000 square feet at a blended comparable lease spread of 10.5%.
- 6
InvenTrust acquired two properties and one single-tenant outparcel for approximately $123.0 million during the quarter.
- 7
Annualized Base Rent per square foot as of March 31, 2026, was $20.63, an increase of 2.1% compared to the same period in 2025.
Management Comments
DJ Busch
Our start to 2026 reflects the continued strength of the InvenTrust portfolio and the consistency of our operating platform. First-quarter results were in line with our expectations and reflect the timing of lease commencements and anticipated portfolio activity, with same property NOI growth expected to step up meaningfully in the back half of the year. This acceleration is driven by contractual rent growth and a strong pipeline of signed leases scheduled to commence over the balance of the year. We also advanced our external growth strategy, deploying $123 million into high-quality acquisitions, including our entry into the Nashville market. With meaningful embedded growth, disciplined capital allocation, and sustained leasing demand, we remain well positioned to deliver durable cash flows and create long-term shareholder value.
Informational and educational content only. Not investment advice.