Piedmont Realty Trust releases fixed-income investor presentation outlining office portfolio leasing and debt profile

Piedmont Realty Trust Inc Class A

Piedmont Realty Trust Inc Class A

PDM

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  • Piedmont Realty Trust lifted its 2026 core FFO outlook to $1.4-$1.54 per share, implying 6%-8% growth over 2025.
  • Leasing outlook set at 1.7-2 million square feet, with year-end leased occupancy guided to 89.5%-90.5%.
  • Same-store NOI growth forecast raised to 4%-7% on a cash and GAAP basis.
  • Portfolio metrics showed 73% of annualized lease revenue from Sunbelt markets, with Q1 cash rental rate roll-ups of 11%.
  • Debt profile highlighted no maturities until July 2028, weighted-average maturity of 4.6 years, net debt to core EBITDA expected below 7x by year-end.


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