HIW News & Events

Reports Q1 revenue $214.03M, consensus $208.02M. Ted Klinck, president and CEO, stated, "We had a strong quarter with excellent operational performance and financial results. Plus, our investment activity, which included our joint venture acquisitions of The Terraces in Dallas and Bloc 83 in Raleigh and the sale of a non-core portfolio in Richmond, significantly improves our portfolio quality, strengthens our cash flows and increases our long-term growth rate."

Backs FY26 year-end occupancy view 86.5%-88.5%.

Highwoods Properties announced that the company's board of directors has authorized the repurchase of up to $250M of outstanding shares of common stock under a new stock repurchase program. The company anticipates funding any stock repurchases on a leverage-neutral basis using the net proceeds from the sale of non-core assets.