Highwoods Properties, Inc. (NYSE:HIW) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Brendan Maiorana - EVP & CFO Ted Klinck - President & CEO Brian Leary - EVP & COO Conference Call Participants Blaine Heck - Wells Fargo Ronald Kamdem - Morgan Stanley Rob Stevenson - Janney Montgomery Peter Abramowitz - Jefferies Nick Thillman - Baird Dylan Burzinski - Green Street Vikram Malhotra - Mizuho Omotayo Okusanya - Deutsche Bank Operator Good morning. Thank you for attending toda ...

Highwoods Properties Inc. (HIW) reported first-quarter 2025 funds from operations (FFO) per share of 83 cents, beating the Zacks Consensus Estimate of 82 cents. However, the figure was lower than the prior-year quarter’s 89 cents.Quarterly results reflect healthy leasing activity with rent growth. However, the decline in occupancy and same-property net operating income (NOI) undermines the results to an extent. HIW revised its outlook for 2025.Rental and other revenues came in at $200.4 million, missing the ...

Highwoods Properties (HIW) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Speaker0 Good morning, and thank you for attending today's Highwoods Properties q one two thousand twenty five earnings call. My name is Jaylen, and I'll be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I would now like to turn the conference over to our host, Brendan Marano. Brendan, you may proceed. Speaker1 Thank you, operato ...

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to FFO of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.22%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.85 per share when it actually produced FFO of $0.85, delivering no surprise.Over the last four quarters ...

RALEIGH, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from [ ] to [ ] HIGHWOODS PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 001-13100 56-1871668 (State or other jurisdiction of incorporation or organization) (Commi ...

Conference Call Wednesday, April 30th, at 11:00 A.M. RALEIGH, N.C., April 01, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its first quarter 2025 results on Tuesday, April 29, after the market closes. A conference call will be held the next day, Wednesday, April 30 at 11:00 A.M. Eastern time. Executive Vice President and Chief Financial Officer brendan.maiorana@highwoods.com 919-872-4924 About Highwoods Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded ...

文章核心观点 - 公司完成收购提升资产质量，但面临竞争和高利息费用问题，同时推荐了其他排名较好的REIT股 [1][5][7] 收购情况 - 公司以1.38亿美元完成收购Advance Auto Parts Tower，该物业为20层、约34.6万平方英尺的AA级写字楼，位于罗利的混合用途北山最佳商业区 [1] - 物业建于2020年，获LEED金级认证，截至2024年12月31日已全部出租，加权平均租赁期限为8.2年，交易完成后预计前四个季度产生1100万美元的现金净营业收入 [2] - 公司计划用佛罗里达州坦帕市非核心资产出售所得款项为收购融资，以满足对优质办公物业的需求 [3] 公司策略与发展 - 公司遵循资本循环策略，处置非核心资产并将所得重新投入优质资产收购和增值开发项目，此次收购体现其拓展高增长商业区市场和提升整体投资组合质量的努力 [4] - 公司租户基础多元化、在高增长市场扩张的努力以及资产负债表实力是其关键增长驱动力，但面临竞争限制定价权和高利息费用问题 [5] - 过去一年公司股价上涨13.3%，跑赢行业5.6%的涨幅 [5] 其他推荐股票 - 房地产投资信托（REIT）板块中排名较好的股票有SBA Communications和Cousins Properties，均为Zacks Rank 2（买入） [7] - 过去两个月SBA Communications 2025年每股基金营运资金（FFO）的共识估计小幅上调至12.91美元 [7] - 过去一周Cousins Properties 2025年每股FFO的共识估计小幅上调至2.78美元 [8]

文章核心观点 公司以1.38亿美元收购位于罗利充满活力的混合用途北山最佳商业区中心的Advance Auto Parts Tower，该建筑预计在收购完成后的前四个季度产生一定净运营收入 [1][2] 收购信息 - 公司收购Advance Auto Parts Tower总投资1.38亿美元 [1] - 该建筑面积34.6万平方英尺，20层，LEED金级认证，2020年交付 [1] - 截至2024年12月31日，该建筑100%出租，加权平均租赁期限8.2年 [1] - 该建筑紧邻公司拥有的CAPTRUST Tower，后者16层，面积30万平方英尺，截至2024年12月31日，出租率98.4%，加权平均租赁期限6.3年 [1] 收益预期 - Advance Auto Parts Tower预计在收购完成后的前四个季度产生现金净运营收入1100万美元和GAAP净运营收入1190万美元 [2] 公司介绍 - 公司总部位于罗利，是一家公开交易的完全整合型办公房地产投资信托公司，主要在多个城市的最佳商业区拥有、开发、收购、租赁和管理物业 [3] - 公司愿景是成为商业房地产发展的领导者，使命是创造激励团队和客户共同取得更多成就的环境和体验 [3]

文章核心观点 - Highwoods Properties受青睐因其物业位于达拉斯、亚特兰大、罗利和纳什维尔等快速发展城市的优质商业区 [1] 公司情况 - Highwoods Properties在房地产投资信托基金（REIT）行业受青睐 [1] - Highwoods Properties物业位于达拉斯、亚特兰大、罗利和纳什维尔等快速发展城市的优质商业区 [1]