Highwoods Properties Touts Sun Belt Strength and Signals Growth for 2026

Reuters
Feb 12
Highwoods Properties Touts Sun Belt Strength and Signals Growth for 2026

Highwoods Properties Inc. management held their fourth quarter 2026 conference call, expressing optimism about the company's outlook for the coming years. CEO Ted Klinck highlighted the strong fundamentals in the Sun Belt markets, citing limited new supply, growing demand for high-quality office space, and continued corporate migration to the region as drivers of rental rate growth. CFO Brendan Maiorana reported fourth quarter net income of $28.7 million, or $0.26 per share, and FFO of $100.8 million, or $0.90 per share, including gains from land sales. The company also completed a $350 million unsecured bond issuance and acquired the 6Hundred at Legacy Union building. Management remains confident in Highwoods' growth prospects, emphasizing a strong balance sheet and ongoing investments in its portfolio. The full remarks and supplemental materials are available on the Investors section of the company's website at highwoods.com.

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