Peakstone Realty Trust (PKST)
Peakstone Realty Trust operates in the REIT - Diversified industry of the Real Estate sector, headquartered in El Segundo, CA, US. The stock last traded at $20.99, up 0.05% on the session, giving a market capitalisation of $780.6M. On trailing twelve-month figures it carries a trailing P/E of -2.64, a net margin of -210.3%. Its beta of 1.35 implies it has historically moved more than the broad market.
Peakstone Realty Trust is a self-managed real estate investment trust that currently holds and operates a superior collection of predominantly single-tenant industrial and office properties throughout the United States. The company is in the process of a strategic pivot, aiming to transition into an exclusively industrial REIT, with a particular emphasis on industrial outdoor storage (IOS) assets situated in rapidly expanding coastal and Sunbelt regions. These properties are typically leased to financially sound tenants through extended net lease agreements, which feature predetermined rent increases, thereby guaranteeing a steady and reliable income stream. Based in El Segundo, California, Peakstone prides itself on being a specialized owner-manager of contemporary, well-placed industrial real estate in key markets.
Peakstone Realty Trust is most often compared with the following Real Estate names: