Debt & Liquidity

Across the first six months of 2026, $6.3 billion of pro‑rate gross investments and $842.7 million of dispositions/repayments will keep net debt at 2.99× adjusted EBITDA as of June 30, 2026 and sustain liquidity of $9.5 billion, underpinning the firm’s capacity to pursue its expansion agenda amid global volatility.