Net Lease Office Properties (NLOP) Real Estate - Net (2022 - 2026)
Net Lease Office Properties' Real Estate - Net was $167.42 million in Q2 2026, down 71.3% from $582.5 million a year earlier and down 5.9% from the prior quarter.
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Analysis
Net Lease Office Properties (NLOP) Real Estate - Net (2022 - 2026) Analysis & Trends
At the end of FY2025, Real Estate - Net at Net Lease Office Properties came in at $309.94 million, down 56.2% from FY2024.
- Real Estate - Net has now declined for three consecutive years, with a three-year compound annual growth rate of -38.7% (FY2022 to FY2025).
- In earlier years, Real Estate - Net was $707.44 million in FY2024 (-39.6%), $1.17 billion in FY2023 (-12.9%) and $1.34 billion in FY2022.
- The Q2 2026 figure marks the lowest quarterly Real Estate - Net in data going back to Q4 2022.
- Compared with a year earlier, Real Estate - Net has declined for eight straight quarters, with an average decline of 49.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Real Estate - Net ran from 12.9% in Q4 2023 to 74.3% in Q1 2026.
- Per Business Quant data, NLOP's Real Estate - Net in the three quarters before Q2 2026 was $177.94 million (Q1 2026), $309.94 million (Q4 2025) and $450.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - |
| 10 | Net Lease Office Properties | 146.07 Mn | 149.96 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 167.42 Mn |
| Mar 31, 2026 | 177.94 Mn |
| Dec 31, 2025 | 309.94 Mn |
| Sep 30, 2025 | 450.42 Mn |
| Jun 30, 2025 | 582.50 Mn |
| Mar 31, 2025 | 692.34 Mn |
| Dec 31, 2024 | 707.44 Mn |
| Sep 30, 2024 | 803.02 Mn |
| Jun 30, 2024 | 924.84 Mn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.34 Bn |
API Access
Net Lease Office Properties Real Estate - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=real-estate-net&ticker=NLOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "real-estate-net", "ticker": "NLOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=real-estate-net&ticker=NLOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();