Highwoods Properties

Highwoods Properties, Inc. operates as a real estate investment trust, which engages in the operation, acquisition and development of office properties. It operates through the office, and other segments. Its markets includes Atlanta, Charlotte, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1978 and is headquartered in Raleigh, NC.

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Highwoods Properties reports strong Q4 earnings amidst market challenges

Highwoods Properties had a strong Q4 performance with solid leasing and successful developments, despite challenges like higher interest expenses and sublet market impacts.
The company's focus on strengthening cash flows, strategic asset sales, and development projects positions it well for growth opportunities in 2023.
Balancing challenges with strengths, Highwoods aims to navigate market conditions and capitalize on increasing business confidence for future success.
Overall, Highwoods Properties remains resilient with a strong balance sheet, diverse portfolio, and strategic initiatives driving performance and growth.

Highwoods Properties (HIW) reports robust Q1 results amidst market challenges

Highwoods Properties (HIW) delivered strong Q1 2023 results with positive outlook revisions, emphasizing stable leasing activity and development progress. While facing challenges in net effective rents and competitive markets, the company remains focused on quality and liquidity strength. Opportunities in growing markets and strategic asset management guide Highwoods Properties' path forward.

Highwoods Properties reports robust Q2 performance amidst market challenges

Highwoods Properties demonstrated resilience and strength in Q2 2023, maintaining a positive outlook despite challenges in the office sector and economic headwinds.
The company's focus on high-quality properties, diverse leasing activity, and strategic portfolio management have positioned it well for continued strong performance.
Opportunities in attracting talent, adapting to changing tenant needs, and leveraging market trends present avenues for growth and value creation.
Management's patient and disciplined approach to acquisitions, along with a strong balance sheet and liquidity position, underpin the company's stability and long-term prospects.

Highwoods Properties reports solid Q3 results, eyes growth opportunities

Highwoods Properties delivered a solid performance in Q3 with strong leasing activity and portfolio management.
While facing challenges in certain markets, the company remains optimistic about future growth opportunities.
Maintaining liquidity, focusing on portfolio health, and exploring growth avenues are key strategies for Highwoods Properties.

Highwoods Properties reports solid Q4 performance and eyes market opportunities

Highwoods Properties delivered a strong financial performance in Q4 2023, with a focus on portfolio quality and balance sheet strength.
Robust leasing activity and strategic priorities position the company well for stability and growth in 2024.
Challenges such as anticipated occupancy dips and known move-outs are being addressed proactively, while opportunities in asset sales and market transactions offer avenues for expansion.

Highwoods Properties reports solid Q1 performance and optimistic growth outlook

Highwoods Properties' Q1 2024 performance reflects a resilient real estate strategy with a focus on leasing momentum and portfolio expansion. While facing challenges in acquisitions and longer leasing cycles, the company is optimistic about growth opportunities through its development pipeline and strategic leasing initiatives. With a strong outlook for FFO and occupancy rates, Highwoods is well-positioned for future success.

Highwoods Properties surpasses Q3 expectations, eyes growth opportunities in BBD

Highwoods Properties demonstrated strong financial performance, operational results, and leasing momentum in Q3 2024, exceeding expectations.
Strategic initiatives to enhance portfolio quality, focus on high-demand locations, and capitalize on market trends position the company for future growth.
While facing short-term challenges like higher OpEx and lower occupancy, Highwoods Properties maintains a positive outlook for 2025 and remains committed to sustainable growth.

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Highwoods Properties, Inc. is a real estate investment trust, which engages in the operation, acquisition, and development- of rental office properties. It operates through the following geographical segments: Atlanta, Charlotte, Nashville, Orlando, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1994 and is headquartered in Raleigh, NC.

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Highwoods Properties is weathering the current environment rather well, with cash rent growth and very high rent collection. It has a high-quality tenant base in leading cities in the Southeastern and Mid-Atlantic regions of the U.S.

Highwoods Properties: A 4.8% Yield From A High Quality REIT

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RALEIGH, N.C., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. ( NYSE:HIW ) today announced that David L. Gadis, 58, has been elected to join the Company's Board of Directors effective January 1, 2021.

Highwoods Elects David Gadis to Board of Directors

Highwoods Properties' (HIW) sale of assets in Greensboro and Memphis in line with its market-rotation plan which will simplify the business model. It is also in sync with its capital-recycling moves.

Highwoods Properties (HIW) Closes Portfolio Sale Worth $127.5M

RALEIGH, N.C., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. ( NYSE: HIW ) has sold non-core properties in Greensboro and Memphis for combined gross proceeds of $127.5 million. The sold properties include 7023 Albert Pick Road, a 49,500 square foot property, a three-building office portfolio in Greensboro that comprises 292,400 square feet, and a medical office building portfolio in Greensboro and Memphis that comprises 284,700 square feet. These properties were a combined 91.3% occupied upon closing and were projected to generate approximately $8.8 million of annual cash and GAAP net operating income in 2020.

Highwoods Sells $127.5M of Greensboro and Memphis Assets

Highwoods Properties Inc (HIW) CEO Ted Klinck on Q3 2020 Results - Earnings Call Transcript

Though Highwoods' (HIW) Q3 results reflect healthy rental receipts and solid liquidity position, declining revenues and pandemic-related uncertainties are concerns.

Highwoods (HIW) Misses on Q3 FFO, Collects 99.7% October Rents

Highwoods Properties (HIW) delivered FFO and revenue surprises of -2.27% and -0.38%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Highwoods Properties (HIW) Lags Q3 FFO and Revenue Estimates

RALEIGH, N.C., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Hi ghwoods Properties, Inc. ( NYSE: HIW ) has released its third quarter 2020 results. Please visit the investors section of our website at www.highwoods.com to view the release, or click on the following link.

Highwoods Announces Availability of Third Quarter 2020 Results

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Conference Call Wednesday, October 28th, at 11:00 A.M. Conference Call Wednesday, October 28th, at 11:00 A.M.

Highwoods to Release 2020 Third Quarter Results Tuesday, October 27th

Highwoods Properties: Continuing To Be A Solid Choice

Highwoods Properties (HIW) reported earnings 30 days ago. What's next for the stock?

Highwoods Properties (HIW) Down 6.2% Since Last Earnings Report: Can It Rebound?

RALEIGH, N.C., Aug.  13, 2020  (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today the consideration payable in connection with the previously announced cash tender offer (the “Offer”) by Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations (the “Operating Partnership”), for up to an aggregate principal amount of $150,000,000 (the “Tender Cap”) of its outstanding 3.20% Notes due 2021 (the “Notes”) as described in the table below.

Highwoods Announces Pricing of Tender Offer for Up to $150,000,000 of Outstanding 3.20% Notes due 2021

RALEIGH, N.C., Aug.  13, 2020  (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today the early results of the previously announced cash tender offer (the “Offer”) by Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations (the “Operating Partnership”), for up to an aggregate principal amount of $150,000,000 (the “Tender Cap”) of its outstanding 3.20% Notes due 2021 (the “Notes”).

Highwoods Announces Early Results of Tender Offer for Up to $150,000,000 of Outstanding 3.20% Notes due 2021

Let's see if Highwoods Properties, Inc. (HIW) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Highwoods Properties (HIW) Stock?

RALEIGH, N.C., July  30, 2020  (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations (the “Operating Partnership”), has increased the principal amount of its outstanding 3.20% Notes due 2021 (CUSIP 431282 AN2) (the “Notes”) that it can purchase under its previously announced tender offer (the “Offer”) from $100,000,000 to $150,000,000 (as amended by this press release, the “Tender Cap”), subject to the conditions set forth in the offer to purchase, dated July 30, 2020 (as amended or supplemented from time to time, the “Offer to Purchase”). Except as stated herein, all other terms and conditions of the Offer, as described in the Offer to Purchase, remain the same.

Highwoods Announces Increase to Tender Cap for Outstanding 3.20% Notes due 2021 to $150,000,000

RALEIGH, N.C., July  30, 2020  (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $400 million offering of 2.600% unsecured notes under its existing shelf registration statement. The notes are due February 1, 2031 and were priced to yield 2.645%. The offering is expected to close on August 13, 2020, subject to customary closing conditions. 

Highwoods Prices $400 Million  of 2.600% Notes due 2031

RALEIGH, N.C., July  30, 2020  (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations (the “Operating Partnership”), has commenced a tender offer (the “Offer”) to purchase for cash up to an aggregate principal amount of $100,000,000 (the “Tender Cap”) of its outstanding 3.20% Notes due 2021 (the “Notes”).

Highwoods Announces Tender Offer for Up to $100,000,000 Outstanding 3.20% Notes due 2021

Highwoods Properties, Inc. (HIW) CEO Theodore Klinck on Q2 2020 Results - Earnings Call Transcript

Though Highwoods' (HIW) Q2 results reflect healthy rental receipts and solid liquidity position, declining revenues and pandemic-related uncertainties are concerns.

Highwoods (HIW) Beats on Q2 FFO, Collects 99% July Rents

Highwoods Properties (HIW) delivered FFO and revenue surprises of 4.49% and -0.99%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Highwoods Properties Stock (HIW)