Highwoods Properties Achieves Solid Leasing Growth and Strong Financial Performance in First Quarter 2024
Wednesday, 24 April 2024, 22:45
Highwoods Properties Achieves Solid Leasing Growth
Highwoods Properties reports a successful quarter executing key priorities and delivering solid financial results. Multiple new leases and expansions were signed, indicating robust leasing momentum.
Focus on Occupancy and Net Effective Rents
- The company is optimistic about maintaining steady net effective rents, emphasizing occupancy growth over rental rates.
- Strategic focus on tenant retention and leasing momentum to offset potential degradation in net effective rents.
Potential Backfilling Activity
- Promising prospects for backfilling recently vacated spaces, demonstrating continued growth potential.
- Strong leasing activity and ongoing leasing cycles contributing to sustained portfolio quality.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.