Curbline Properties Corp. · NYSE:CURB
Curbline Properties — Q2 2026 Earnings Presentation
13 slides from Curbline Properties's earnings presentation, Jul 28, 2026
Slide 1: Curbline Properties 2Q26 Earnings Conference Call
CURBLINE PROPERTIES 2Q26 EARNINGS CONFERENCE CALL JULY 28, 2026
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT Curbline Properties Corp. considers portions of the information in this presentation to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Com
Slide 3: Table of Contents
CURBLINE PROPERTIES TABLE OF CONTENTS KEY TAKEAWAYS 4 RESULTS SUMMARY 5 OPERATIONS OVERVIEW 6 ACQUISITIONS 7 BALANCE SHEET 9 GUIDANCE 10 APPENDIX 11 CURBLINE PROPERTIES 2Q26 EARNINGS CONFERENCE CALL 3
Slide 4: 2Q26 Results Key Takeaways
CURBLINE PROPERTIES: 2Q26 RESULTS KEY TAKEAWAYS Curbline is a differentiated company focused exclusively on convenience properties located on the curbline in the wealthiest submarkets in the United States. The Company’s 6M SF portfolio of convenience real estate concentrated in the top suburban U.S.
Slide 5: 2Q26 Results Summary
CURBLINE PROPERTIES: 2Q26 RESULTS SUMMARY $0.06 $0.31 E ARNINGS PER SHARE OFFO PER SHARE +2.1% +27.1% $374m Y TD SPNOI GROW TH 2Q26 STR AIGHT-LINE NEW LE ASE SPRE AD 2Q26 INVESTMENT VOLUME +19.6% 2Q26 BLENDED STRAIGHT-LINE LEASE SPREAD Note: As of June 30, 2026. CURBLINE PROPERTIES 2Q26 EARNINGS CON
Slide 6: 2Q26 Operations Overview
CURBLINE PROPERTIES: 2Q26 OPERATIONS OVERVIEW Convenience real estate offers superior access and visibility, along with standardized unit sizes increasing the number of potential tenants and leading to attractive leasing economics S EL EC T 2026 NE W A ND R ENE WA L AC T I V I T Y • 96.5% leased rat
Slide 7: Scalable Opportunity Set
CURBLINE PROPERTIES: SCALABLE OPPORTUNITY SET Proven convenience investment opportunity set with seven straight quarters of over $100M of acquisitions and over $1.5B of acquisitions completed since spin-off on October 1, 2024 CURBLINE QUARTERLY ACQUISITION VOLUME $ 206m $124m $155m $ 336m $173m $142
Slide 8: Select 2Q26 Acquisitions
CURBLINE PROPERTIES: SELECT 2Q26 ACQUISITIONS SELECT TENANTS SELECT TENANTS 38k vpd 55k vpd NOLEN CENTER SHOPS AT ARROWHEAD msa: DALLAS | ahhi: $224k msa: PHOENIX | ahhi: $119k SELECT TENANTS SELECT TENANTS 32k vpd 51k vpd MARKET AT OLIVE SHOPS SOUTH WESTWIND VILLAGE msa: ST. LOUIS | ahhi: $138k msa
Slide 9: Balance Sheet
CURBLINE PROPERTIES: BALANCE SHEET Balance sheet positioned to capitalize on growth opportunities and scale fragmented but liquid convenience market D EBT M AT UR I T Y S CHED UL E 2 $500 • As of June 30, 20261, Curbline had $851M of cash and $400 capital commitments for future acquisitions includin
Slide 10: 2026 Guidance and Earnings Considerations
CURBLINE PROPERTIES: 2026 GUIDANCE AND EARNINGS CONSIDERATIONS 2Q26 Earnings Considerations • 2Q26 results include $1.8M of income (Other income (expense), net) and 2Q26 SHARES OUTSTANDING DETAIL $1.8M of expenses (General and administrative) that are non-cash gross 2Q26 Weighted Average Shares & Un
Slide 11: Appendix
APPENDIX CURBLINE PROPERTIES 2Q26 EARNINGS CONFERENCE CALL 11
Slide 12: Non-GAAP Financial Measures and Other Operational Metrics - Definitions
CURBLINE PROPERTIES: NON-GAAP FINANCIAL MEASURES AND OTHER OPERATIONAL METRICS - DEFINITIONS FFO and Operating FFO Funds from Operations (“FFO”) is a supplemental non-GAAP financial measure used as a standard in the real estate industry and is a widely accepted measure of real estate investment trus
Slide 13: Reconciliations
CURBLINE PROPERTIES: RECONCILIATIONS RECONCILIATION: RECONCILIATION: NET INCOME ATTRIBUTABLE TO CURBLINE TO FFO AND OPERATING FFO NET INCOME ATTRIBUTABLE TO CURBLINE TO SAME-PROPERTY NOI PER SHARE DILUTED SAME-PROPERTY NOI Prior Revised Actual Estimate Estimate 2Q26 FY 2026 FY 2026 2Q26 2Q25 6M26 6M