10:58 AM EDT, 10/03/2025 (MT Newswires) -- Curbline Properties ( CURB ) to see a "rare" double-digit funds from operations growth story in 2025 and 2026, fueled by a focus on convenience retail, Morgan Stanley said Friday in a report.

The firm projects Curbline to deliver sector-leading average funds from operations growth of 19% in 2025 to 2026, underpinned by strong portfolio quality, solid balance sheet, and sustained operational momentum.

The report highlights widening retail bifurcation, with convenience, grocery-anchored, and top-tier malls poised to outperform, while low-quality malls and community centers are likely to underperform.

Morgan Stanley upgraded its rating on Curbline to overweight from equal weight, with a price target of $27.

Shares of Curbline were up 5.7% in recent trading.

Price: 24.13, Change: +1.31, Percent Change: +5.72