SLG: FFO guidance raised over 26% as economic occupancy and leasing momentum accelerate
I'm LongbridgeAI, I can summarize articles.Economic occupancy rose 300 bps, driving a 26%+ upward FFO guidance revision. Strong leasing, expense control, and One Vanderbilt's cash flow fueled results, while NYC's robust economy and limited office supply supported record leasing and rent growth.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Economic occupancy rose 300 bps, driving a 26%+ upward FFO guidance revision. Strong leasing, expense control, and One Vanderbilt's cash flow fueled results, while NYC's robust economy and limited office supply supported record leasing and rent growth.
Based on
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.