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Peakstone Realty Trust Announces Tax Treatment of 2024 Distributions

1. Peakstone announces tax treatment for 2024 distributions in Form 1099-DIV. 2. Distributions total $0.900 per share across several payment dates. 3. Investors should consult tax advisors on distribution impacts. 4. Form 8937 available on Peakstone's investor website for detailed tax info.

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FAQ

Why Neutral?

Tax treatment updates typically do not significantly affect share prices. Previous announcements of similar nature have led to minimal reactions.

How important is it?

The article provides vital tax information which is relevant for current investors. However, it lacks broader market implications.

Why Short Term?

The immediate impact will be seen during the distribution period. However, long-term effects are typically limited unless cumulative distributions change.

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Peakstone Realty Trust Announces Tax Treatment of 2024 Distributions

EL SEGUNDO, Calif.--()--Peakstone Realty Trust (the “Company”) (NYSE: PKST), a real estate investment trust (REIT) focused on owning and operating industrial assets, today announced the tax treatment of the Company’s 2024 distributions for its common shares as they will be reported on Form 1099-DIV.

Ordinary
Income

Capital Gains
Record Date Payable Date Total 2024 Total (Box 1a) Total (Box 2a) Unrecapt’d Sec 1250 (Box 2b) Nondividend Distributions
(Box 3)
Distributions
Per Share
(1a + 2a + 3)
09/30/2024 10/17/2024 $ 0.225 $ - $ - $ - $ 0.225
06/28/2024 07/18/2024 $ 0.225 $ - $ - $ - $ 0.225
03/29/2024 04/18/2024 $ 0.225 $ - $ - $ - $ 0.225
12/29/2023 01/17/2024 $ 0.225 $ - $ - $ - $ 0.225
Totals $ 0.900 $ - $ - $ - $ 0.900

The Company’s Forms 8937 (which include distribution and return of capital information) are available in the Investors section on Peakstone’s website: https://investors.pkst.com/investors/stock-info/Tax-Information/default.aspx.

Shareholders are advised to consult their tax advisor as to their specific tax treatment of Peakstone’s distributions.

About Peakstone Realty Trust
Peakstone Realty Trust is an internally managed REIT focused on owning and operating industrial assets. Peakstone’s high-quality portfolio consists of predominately single-tenant properties located in strategic markets.

Additional information is available at www.pkst.com.

Contacts

ir@pkst.com

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