SITE Centers (SITC) Company Report

SITE Centers reported a net loss attributable to common shareholders of $6.2 million, or $0.13 per diluted share, and Operating FFO of $5.6 million, or $0.11 per diluted share, for Q3 2025.
The company recorded impairment charges of $106.6 million in Q3 2025 due to changes in hold period assumptions for five wholly-owned assets.
Year to date, SITE Centers sold seven properties for an aggregate price of $380.9 million and has over $292 million of properties under contract for sale. Additionally, properties totaling $126.0 million and $137.6 million are agreed to be sold, with closings expected in Q4 2025.
The leased rate decreased to 87.6% at September 30, 2025, compared to 91.1% at December 31, 2024, primarily due to transactional activity and the remaining mix of properties.
Aggregate dividends declared year to date amounted to $5.75 per share, including special cash distributions of $1.50 and $3.25 per common share paid in Q3 2025, and an announced $1.00 per common share payable in November 2025.

Nov 5, 2025, 9:16 PM

SITE Centers Reports Third Quarter 2025 Results with Net Loss and Reduced Operating FFO

SITC

Earnings

Dividends

M&A

SITE Centers reported a net loss attributable to common shareholders of $6.2 million, or $0.13 per diluted share, for the third quarter of 2025, a significant decrease from net income in the prior year. Operating Funds From Operations (OFFO) attributable to common shareholders also declined to $5.6 million, or $0.11 per diluted share, for Q3 2025.
The company recorded impairment charges of $106.6 million in Q3 2025 and continued its strategy of asset disposition, selling four properties for an aggregate of $277.2 million during the quarter, with an additional $292 million of properties under contract for sale.
SITE Centers paid special cash distributions totaling $4.75 per common share year-to-date through Q3 2025, and announced an additional $1.00 per common share payable in November 2025.
The leased rate for properties decreased to 87.6% at September 30, 2025, from 91.3% at September 30, 2024, primarily due to transactional activity and the remaining mix of properties.

Nov 5, 2025, 9:05 PM

Curbline Properties Reports Strong Third Quarter 2025 Results and Updates Guidance

SITC

Earnings

Guidance Update

New Projects/Investments

Curbline Properties reported net income attributable to Curbline of $9.3 million, or $0.09 per diluted share, for the third quarter of 2025, a significant increase from a net loss of $15.4 million, or $0.15 per diluted share, in the year-ago period.
Operating Funds From Operations (OFFO) attributable to Curbline increased to $29.5 million, or $0.28 per diluted share, in Q3 2025, compared to $19.5 million, or $0.19 per diluted share, in the prior year period.
The company acquired 37 convenience shopping centers for an aggregate price of $336.1 million during the third quarter of 2025, bringing year-to-date acquisitions to 69 convenience shopping centers for $644.1 million as of October 2025.
Curbline updated its 2025 guidance for net income attributable to Curbline to be between $0.35 and $0.38 per diluted share and Operating FFO to be between $1.04 and $1.05 per diluted share.

Oct 28, 2025, 10:30 AM

Earnings Transcripts

Quarterly earnings call transcripts for SITE Centers.

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