Financial Performance - Net income available to common stockholders for the third quarter of 2025 was $86 million, or $005 per share, compared to $112 million, or $007 per share, for the third quarter of 2024[13] - Funds From Operations (FFO) for the third quarter of 2025 was $1165 million, or $069 per share, compared to $1023 million, or $067 per share, for the third quarter of 2024[13] - Net income available to common stockholders for the nine months ended September 30, 2025, was $440 million, or $026 per share, compared to $323 million, or $021 per share, for the nine months ended September 30, 2024[13] - Funds From Operations (FFO) for the nine months ended September 30, 2025, was $3589 million, or $213 per share, compared to $3052 million, or $200 per share, for the nine months ended September 30, 2024[13] Portfolio and Leasing Activity - Same property net operating income (NOI) on a cash-basis increased 03% for the third quarter of 2025[13] - Second generation net rent per square foot on a cash-basis increased 42% for the third quarter of 2025[13] - The company executed 551000 square feet of office leases during the third quarter of 2025[13] - Same property net operating income (NOI) on a cash-basis increased 12% for the nine months ended September 30, 2025[13] - Second generation net rent per square foot on a cash-basis increased 49% for the nine months ended September 30, 2025[13] - The company executed 1425000 square feet of office leases during the nine months ended September 30, 2025[13] Investment and Capital Activities - The company repaid in full $2500 million of 391% privately placed senior notes on July 7, 2025[16] - The company acquired The Link, a 292000 square foot lifestyle office property in Uptown Dallas, for $2180 million on July 28, 2025[16]
Cousins Properties(CUZ) - 2025 Q3 - Earnings Call Presentation