Copper Property CTL Q2 FY26 net income falls 33.8% to $14.71 million; lease income slips 0.2% to $24.36 million - CPPTL News | RalliesCopper Property CTL Q2 FY26 net income falls 33.8% to $14.71 million; lease income slips 0.2% to $24.36 million
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CPPTL• Q2 and six-month results
- Copper Property CTL Pass Through Trust Q2 net income attributable to Certificateholders fell 33.77% to USD 14.71 million, or USD 0.20 per certificate.
- Six-month net income attributable to Certificateholders slid 31.59% to USD 26.18 million, with lease income edging up 2.03% to USD 48.9 million.
- Six-month NOI dropped 14.33% to USD 37.57 million, while FFO declined 15.12% to USD 34.75 million, or USD 0.46 per certificate.
- Distributions totaled USD 38.77 million, down to USD 0.52 per certificate; cash and cash equivalents ended at USD 34.95 million.
- The portfolio held 117 retail properties as of June 30, with no acquisitions, dispositions, leasing, or capital markets activity during the period.
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