Whitestone REIT Reports Strong Q2 2025 Results
Whitestone Reit ( (WSR) ) has released its Q2 earnings. Here is a breakdown of the information Whitestone Reit presented to its investors.
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Whitestone REIT is a community-centered real estate investment trust that acquires, owns, operates, and develops open-air retail centers in high-growth markets such as Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.
In its latest earnings report, Whitestone REIT announced strong financial results for the second quarter and year-to-date 2025, with notable increases in key performance metrics. The company continues to benefit from a robust leasing environment in the Sun Belt markets.
Key highlights from the report include a 5.4% year-over-year increase in Core FFO per share, a 100 basis point rise in occupancy to 93.9%, and a 5.3% increase in average base rent per leased square foot. Revenues for the second quarter reached $37.9 million, with net income attributable to common shareholders rising to $5.1 million from $2.6 million in the previous year. The company also reported a 2.5% growth in Same-Store Net Operating Income.
For the year-to-date, Whitestone REIT reported revenues of $75.9 million and a Core FFO of $26.6 million, reflecting continued financial strength. The company’s EBITDAre increased to $43.3 million, and the Same-Store NOI grew by 3.9%.
Looking ahead, Whitestone REIT maintains its guidance for Core FFO per share and Same-Store NOI growth for the year, indicating confidence in its strategic direction and market position in the Sun Belt region.
