Agree Realty discussed second-quarter 2026 results on a July 31 earnings call attended by senior management and analysts from UBS, Citi, Wells Fargo, Evercore, Green Street, BMO, Huntington, and Morgan Stanley.
Raised 2026 investment-volume guidance to USD 1.6 billion-USD 1.8 billion; second-quarter investment topped USD 500 million across 102 properties.
Lifted 2026 AFFO per-share guidance to USD 4.57-USD 4.59; second-quarter core FFO per share was USD 1.13, AFFO per share USD 1.14.
Cut full-year credit and occupancy loss assumption to 25 bps; year-to-date loss ran at 10 bps, occupancy rose to 99.8%.
Liquidity totaled about USD 1.9 billion; 10-year unsecured debt could price in the low 5s with swaps, forward-equity settlement likely in the second half.
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