O · 8-K · 20260805PR000044
Acquisitions and Investments
REALTY INCOME CORP · 2026-08-05 · Importance 58 · Surprise 42 · No source text
Realty Income invested $2.6 billion during the second quarter of 2026, including $2.1 billion on a pro-rata basis, at an initial weighted average cash yield of 7.3%. Second-quarter acquisitions totaled $1.8 billion across 94 properties, including $887.3 million of U.S. wholly owned acquisitions, $672.5 million through the U.S. Core Plus Fund, and $243.9 million of Europe wholly owned acquisitions. Six-month total investments reached $5.3 billion across 338 properties, including $3.4 billion of acquisitions, $291.2 million of properties under development, and $1.7 billion of other investments.
Key facts
- Noncontrolling interests as of June 30, 2026: $2,384,520 thousand (up from $685,273 thousand at December 31, 2025) source
- Invested $2.6 billion during the three months ended June 30, 2026; Pro-Rata Share was $2.1 billion at an Initial Weighted Average Cash Yield of 7.3% source
- Total real estate acquisitions for the three months ended June 30, 2026: $1,803.7 million (Pro-Rata Share $1,311.3 million) across 94 properties with Initial Weighted Average Cash Yield 6.4% source
- U.S. wholly-owned acquisitions for the three months ended June 30, 2026: $887.3 million (Pro-Rata Share $887.3 million) across 52 properties with weighted average term 10.8 years source
- U.S. Core Plus Fund acquisitions for the three months ended June 30, 2026: $672.5 million (Pro-Rata Share $180.1 million) across 37 properties with weighted average term 12.2 years source
- Total investments for the three months ended June 30, 2026: $2,567.8 million (Total) and Pro-Rata Share $2,074.7 million source
- Total investments for the six months ended June 30, 2026: $5,335.1 million (Total) and Pro-Rata Share $4,694.3 million source
- On July 1, 2026 the U.S. Core Plus Fund called $265.7 million of capital from third-party investors, resulting in an indirect ownership of 23.6% in the Fund source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +0.3% | Europe wholly-owned acquisitions for the three months ended June 30, 2026: $243.9 million (Pro-Rata Share $243.9 million) across 5… |
| liability | positive | realized | — | Noncontrolling interests as of June 30, 2026: $2,384,520 thousand (up from $685,273 thousand at December 31, 2025) |
| assets | positive | realized | — | Total investments for the six months ended June 30, 2026: $5,335.1 million (Total) and Pro-Rata Share $4,694.3 million |
| assets | positive | committed | — | On July 1, 2026 the U.S. Core Plus Fund called $265.7 million of capital from third-party investors, resulting in an indirect ownership of… |