Piedmont Realty Trust posts investor presentation on Sunbelt office portfolio and leasing trends
Piedmont Realty Trust Inc Class A
Piedmont Realty Trust Inc Class A PDM | 0.00 |
- Piedmont Realty Trust highlighted updated 2026 outlook with Core FFO range of $1.48-$1.54 per share, implying 6%-8% growth vs 2025.
- Projected 2026 total leasing volume of 1.7 million-2 million square feet, targeting year-end leased occupancy of 89.5%-90.5%.
- Raised same-store NOI growth outlook to 4%-7% on cash and GAAP bases.
- Portfolio snapshot showed 20 in-service projects totaling 14.9 million square feet with 89.3% leased, weighted average lease term of 5.9 years.
- Noted roughly 1 million square feet of executed leases for vacant space not yet commenced, representing about $42 million of future additional annual rents.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piedmont Realty Trust Inc. published the original content used to generate this news brief on May 04, 2026, and is solely responsible for the information contained therein.
