Necessity Retail REIT Q1 2023 Investor Presentation

Necessity Retail REIT reported Q1 2023 results featuring 92.6% portfolio occupancy across 1,039 properties and $374.8 million in annualized straight-line rent. The REIT completed $72.4 million in dispositions and achieved a 12.7% lease renewal spread through significant leasing activity totaling 1.1 million square feet. With 63.6% of top 20 tenants investment-grade rated and 57% of portfolio in high-performing sunbelt markets, RTL continues executing its strategy to reduce leverage while maintaining focus on necessity-based retail assets.