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Cousins Properties (CUZ) Earnings Call Presentation
2025-06-25 08:30
Portfolio & Strategy - Cousins Properties focuses on premier Sun Belt lifestyle office assets, with 100% of its portfolio in the Sun Belt and 100% Class A properties built around 2010[3] - The company's asking rents are 16% higher than pre-pandemic levels and 25% higher than Class A averages[3] - Cousins has recycled over $1 billion of older assets during the COVID pandemic[3,44] - The company sourced over $500 million of new investment opportunities in 2024[3] Growth & Development - Cousins has an attractive development pipeline of 1.2 million square feet and a land bank supporting 5.1 million square feet of additional development[3] - Since 2019, Cousins has experienced NOI growth of 18%[3] Financial Strength - The company maintains a strong balance sheet with $1 billion in liquidity[3,57] - Cousins' leverage is at 5.1x Net Debt/EBITDA, among the lowest in the office sector[3] - The company has increased its dividend by 10% since COVID while maintaining a conservative payout ratio[3] Market Trends - The company benefits from the "flight to quality" trend, with 64% of its portfolio developed or redeveloped since 2010[3,30]
City Office REIT(CIO) - 2025 Q1 - Earnings Call Transcript
2025-05-02 16:02
City Office REIT (CIO) Q1 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Anthony Maretic - CFO, Secretary & TreasurerJames Farrar - CEO & DirectorCraig Kucera - MD - Equity Research Conference Call Participants Upal Rana - Senior Equity Research Analyst - US REITs Operator Good morning, and welcome to the Citi Office REIT First Quarter twenty twenty five Earnings Conference Call. As a reminder, this conference call is being recorded. It is now my pleasure to introduce you to Tony Maratik, ...
City Office REIT(CIO) - 2025 Q1 - Earnings Call Presentation
2025-05-02 11:15
I N V E S T O R P R E S E NTATION M A Y 2 0 2 5 N Y S E: CIO FORWARD-LOOKING STATEMENTS The Terraces, Dallas Bloc 83, Raleigh Block 23, Phoenix Note: All information as of March 31, 2025 (1) Percentages based on management's estimate of aggregate gross asset value in each market 3 This presentation contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forward looking statements within the meaning of Section 27A of the S ...
Office Properties me Trust(OPI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 15:02
Office Properties Income Trust (OPI) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Kevin Barry - Director, IRYael Duffy - President & COOBrian Donley - CFO & Treasurer Operator Good morning and welcome to the Office Properties Income Trust First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the call over to Kevin Barry, Senior Director of Investor Relations. Please go ...
Office Properties me Trust(OPI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:00
Office Properties Income Trust (OPI) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Speaker0 Good morning and welcome to the Office Properties Income Trust First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the call over to Kevin Barry, Senior Director of Investor Relations. Please go ahead. Speaker1 Good morning and thank you for joining us today. With me on the call are OPI's President ...
Paramount (PGRE) - 2025 Q1 - Earnings Call Presentation
2025-04-30 22:14
2025 Paramount Group Investor Presentation A P R I L Cautionary Note on Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words "assumes," "believes," "estimates," "expects," "guidance," "intends," "plans," "projects" and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because ...
Piedmont Office Realty Trust(PDM) - 2025 Q1 - Earnings Call Transcript
2025-04-29 14:02
Piedmont Office Realty Trust (PDM) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Laura Moon - Chief Accounting Officer & EVPBrent Smith - President, CEO & DirectorGeorge Wells - Executive VP & COOChristopher Kollme - Executive Vice President of Investments & StrategySherry Rexroad - CFO & EVP Conference Call Participants Dylan Burzinski - Senior Analyst, OfficeNicholas Thillman - Senior Research Analyst Operator Greetings. Welcome to the Piedmont Office Realty Trust First Quarter twe ...
Piedmont Office (PDM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKSยท 2025-04-28 23:30
Piedmont Office (PDM) reported $142.69 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 1.3%. EPS of $0.36 for the same period compares to -$0.22 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $141.54 million, representing a surprise of +0.81%. The company delivered an EPS surprise of +2.86%, with the consensus EPS estimate being $0.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...