Netstreit reports Q2 AFFO 32c, consensus 31c

Reports Q2 revenue $39.567M, consensus $37.6M. “I am pleased to report we completed $116 million in investments at a blended cash yield of 7.5% for the second quarter, and have completed approximately $245 million year to date. As we head into the second half of 2024, we remain disciplined in identifying strategic and accretive transactions to further diversify our portfolio while maintaining one of the strongest portfolios in the net lease space,” said Mark Manheimer, Chief Executive Officer of NETSTREIT.