Paramount Group (PGRE) Q2 2025 Earnings Call July 31, 2025 10:00 AM ET Speaker0Good day, ladies and gentlemen. Thank you for joining us on Paramount Group's Second Quarter twenty twenty five Earnings Conference Call. At this time, all participant lines are in the listen only mode. A question and answer session will follow the formal presentation. Please note that this conference call is being recorded today, 07/31/2025.I will now turn the call over to Tom Hennessy, the Vice President of Business Development ...

Portfolio Overview - Paramount focuses on Class A office properties in New York and San Francisco[10] - The company has ~$7.2 billion in total assets under management across 17 assets[11] - The portfolio consists of 12.3 million square feet of REIT-owned assets and 0.8 million square feet of managed assets[11] - The average lease term is 7.1 years, and the portfolio is 94% leased[16] - The average rent is $90 per square foot[14] Financial Highlights - The midpoint of Cash NOI assumptions used in deriving the Full Year 2025 guidance is $302 million[11] - Net Debt / Enterprise Value is 66.5%[65] - Net Debt / Annualized Adjusted EBITDAre is 9.0x[65] Lease Expirations - The 5-year average lease expiration in San Francisco is 302,000 square feet, or 5.5% per annum[39] - The 5-year average lease expiration in New York is 154,000 square feet, or 12.5% per annum[40] - The 5-year average lease expiration for the total portfolio is 456,000 square feet, or 6.8% per annum[42] Capital Structure - The stock price is $5.75 per share[65] - The company has 220,311,000 common shares and 17,876,000 Operating Partnership Units outstanding[65] - The equity market capitalization is $1,369,578,000[65] - Total debt is $3,248,054,000, including $877,400,000 in notes & mortgages payable and $274,374,000 in unconsolidated joint ventures debt[65]

Highwoods Properties (HIW) Q2 2025 Earnings Call July 30, 2025 11:00 AM ET Company ParticipantsBrendan Maiorana - CFO & EVP - IRTed Klinck - President, CEO & DirectorBrian Leary - EVP & COOPeter Abramowitz - SVP - Equity ResearchRob Stevenson - MD & Head - Real Estate ResearchVikram Malhotra - Managing DirectorRonald Kamdem - MD & Head - US REITs and CRE ResearchOmotayo Okusanya - Managing Director - Head of US REIT ResearchYong H Koo - Head - Rates and Mortgage Valuation & Hedging Modeling TeamConference C ...

Highwoods Properties (HIW) Q2 2025 Earnings Call July 30, 2025 11:00 AM ET Speaker0Good morning. Thank you for attending the Highwoods Properties Q2 twenty twenty five Earnings Call. My name is Matt, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'd now like to pass the conference over to our host, Brendan Miorana.Brendan, please go ahead.Speaker1Thank you, operator, and good morning, ...

BXP (BXP) Q2 2025 Earnings Call July 30, 2025 10:00 AM ET Company ParticipantsHelen Han - VP - IROwen Thomas - Chairman & CEODouglas Linde - President & DirectorMichael LaBelle - EVP, CFO & TreasurerJamie Feldman - MD & Head - REIT ResearchJohn Kim - MD - U.S. Real EstateNicholas Yulico - Managing DirectorJana Galan - DirectorHilary Spann - Executive Vice President of New York RegionCaitlin Szczupak - Vice PresidentVikram Malhotra - Managing DirectorOmotayo Okusanya - Managing Director - Head of US REIT Res ...

BXP (BXP) Q2 2025 Earnings Call July 30, 2025 10:00 AM ET Speaker0Day, and thank you for standing by. Welcome to Q2 twenty twenty five BXP Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone.You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again. Please b ...

Piedmont Office Realty Trust (PDM) Q2 2025 Earnings Call July 29, 2025 09:00 AM ET Speaker0Greetings, and welcome to the Piedmont Realty Trust Incorporated Second Quarter twenty twenty five Earnings Call. At this time, all participants are on a listen only mode and a question and answer session will follow the formal presentation. And please note, this conference is being recorded. I will now turn the conference over to your host, Laura Moon, Chief Accounting Officer for Piedmont Realty Trust. Ma'am, the fl ...

Brandywine Realty Trust (BDN) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Ladies and gentlemen, thank you for standing by, and welcome to Brandywine Realty Trust Second Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session and instructions will be given at that time. Please be advised that today's conference is being recorded. I would now like to turn the conference over to ...

Core Insights - Highwoods Properties (HIW) shares have increased by 14.5% over the past three months, outperforming the industry average rise of 5.5% [1] - The company's portfolio is strategically located in high-growth Sun Belt markets, which are expected to benefit from a rising demand for high-quality office spaces as organizations push for return-to-office mandates [1][4] - The net effective rents for HIW in Q1 2025 were reported to be 20% higher than the average of the previous five quarters, indicating strong demand for its properties [5][7] Financial Performance - Analysts have revised the Zacks Consensus Estimate for HIW's 2025 funds from operations (FFO) per share to $3.39, reflecting a positive outlook [2] - The company has a healthy balance sheet with over $700 million in total available liquidity as of March 31, 2025, and no consolidated debt maturities until Q2 2026 [9] Strategic Initiatives - Highwoods is implementing a disciplined capital-recycling strategy, having completed buyouts worth $3.6 billion and dispositions totaling $3.0 billion from 2010 to 2024 [6] - The company has a development pipeline valued at $474 million, which is 62.8% pre-leased and expected to generate over $40 million in incremental annual net operating income (NOI) upon stabilization [8] Market Trends - The demand for office spaces is anticipated to be driven by inbound migration and significant investments from office occupiers in the Sun Belt regions, alongside hiring plans in the company's markets [4] - The recovery in leasing activity and the return of tenants to offices are expected to support the fundamentals of the office real estate market [4][7]

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, ...