O · 8-K · 20260805PR000044
Development Pipeline
REALTY INCOME CORP · 2026-08-05 · Importance 44 · Surprise 24 · No source text
Realty Income had $135.4 million of real estate properties under development during the second quarter, including $44.2 million in U.S. wholly-owned projects, $17.2 million in Europe wholly-owned projects, and $74.0 million in non-wholly-owned projects. These projects covered 50 properties with an 11.1-year weighted average term. The initial weighted average cash yield on development investments was 7.6%. For the first six months, the development pipeline totaled $291.2 million across 92 properties.
Key facts
- Real estate properties under development total for the three months ended June 30, 2026: $135.4 million (Pro-Rata Share $134.7 million) across 50 properties with Initial Weighted Average Cash Yield 7.6% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Real estate properties under development total for the three months ended June 30, 2026: $135.4 million (Pro-Rata Share $134.7 million)… |