Highwoods raises 2026 FFO outlook to $3.46-$3.70 per share
I'm LongbridgeAI, I can summarize articles.Highwoods Properties raised its 2026 FFO outlook to $3.46-$3.70 per share, with a midpoint of $3.58, up $0.04 from previous estimates. The company projects year-end occupancy between 86.5% and 88.5%, following a sequential rise in Q2. Additionally, the stabilization timeline for 23Springs was accelerated by nine months to Q2 2027, requiring $28 million in remaining capital. Disposition expectations were increased to at least $100 million, potentially reaching $300 million by year-end.
- Highwoods raised its 2026 FFO outlook to $3.46-$3.70 per share, midpoint $3.58, up $0.04; 2Q FFO was $0.90. * Excluding land sale gains, the midpoint outlook increased $0.01, despite $0.04 per share dilution from higher dispositions held in cash. * Year-end occupancy is projected at 86.5%-88.5% following a 70-basis-point sequential rise in 2Q; further gains are expected in 2H. * 23Springs is projected to stabilize in 2Q 2027, accelerated by nine months; remaining capital needed is $28 million. * Disposition expectations increased to at least $100 million, potentially $300 million, by year-end; new development announcements are expected at $100-$400 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highwoods Properties Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
