Welcome to our dedicated page for Highwoods Pptys news (Ticker: HIW), a resource for investors and traders seeking the latest updates and insights on Highwoods Pptys stock.
Highwoods Properties, Inc. (NYSE: HIW) is a publicly traded, fully integrated office real estate investment trust headquartered in Raleigh, North Carolina. This news page aggregates company announcements, press releases and market updates related to Highwoods and its HIW stock, with a focus on the office and commercial real estate activities the company reports.
Highwoods regularly issues news about acquisitions, joint ventures and capital allocation decisions in its target business districts. Recent releases describe the acquisition of 6Hundred at Legacy Union, a Class AA office tower in Charlotte’s Uptown CBD; a joint venture acquisition of Bloc83, a mixed-use asset in Raleigh’s CBD; and a joint venture acquisition of The Terraces, an office building in Dallas’ Preston Center BBD. The company has also highlighted the purchase of the Legacy Union Parking Garage in Uptown Charlotte, which supports Highwoods-owned office space at Legacy Union.
In addition to property-level transactions, Highwoods publishes updates on corporate finance and capital structure, such as the pricing and completion of a public offering of 5.350% unsecured notes due 2033 through its operating partnership, and the recast of a $200 million unsecured bank term loan. The company also announces quarterly earnings release dates, conference calls and dividend declarations for its common and preferred stock.
Investors and followers of HIW can use this news feed to review Highwoods’ reported activity in markets like Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa, as well as its financing and dividend decisions. Bookmark this page to quickly access the latest company-issued information and historical press releases related to Highwoods Properties and its office-focused REIT platform.
Highwoods Properties (NYSE:HIW) has been recognized as a 2023 Gold Level Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy at the Better Buildings, Better Plants Summit. This distinction honors excellence in sustainability practices, focusing on energy efficiency and cost savings. Additionally, Highwoods was previously acknowledged as an ENERGY STAR Executive Member in 2022, with 74 properties certified. CEO Ted Klinck expressed pride in their sustainable initiatives and performance improvements across their portfolio. This recognition underscores Highwoods' commitment to green practices and positions them favorably within the real estate sector.
Highwoods Properties, Inc. (NYSE:HIW) will announce its first quarter 2023 results on April 25, 2023, after market close. A conference call is scheduled for April 26, 2023, at 11:00 A.M. Eastern time. Investors can join the call by dialing (800) 756-3565 or via a live webcast on the company's website. Highwoods, based in Raleigh, is a publicly-traded real estate investment trust (REIT) that focuses on office properties in major business districts across cities like Atlanta, Charlotte, and Dallas.
Highwoods Properties (NYSE:HIW) announced a $200 million secured loan from a life insurance company, carrying a fixed interest rate of 5.69%, secured by the Bank of America Tower in Uptown Charlotte. This five-year loan aims to strengthen the company’s balance sheet and enhance liquidity, according to CEO Ted Klinck. Proceeds from the loan are designated for reducing amounts on the revolving credit facility and for general corporate purposes. Highwoods, a member of the S&P MidCap 400 Index, focuses on owning, developing, and managing properties in key business districts across several major U.S. cities.
Highwoods Properties, Inc. (NYSE:HIW) has announced its fourth quarter and full year 2022 financial results. The company, a leading real estate investment trust, operates in key business districts across the Southeast and maintains a diversified portfolio. Despite the challenging economic environment, Highwoods continues to execute its strategic initiatives aimed at enhancing shareholder value. Investors are encouraged to review the complete financial report available on the company's official website to understand detailed revenue, expenses, and future outlook.
Highwoods Properties, Inc. (NYSE:HIW) declared a cash dividend of $0.50 per share for the quarter ended December 31, 2022, amounting to an annualized $2.00 per share. This dividend is payable on March 14, 2023, to shareholders on record as of February 21, 2023. Additionally, the Board approved a cash dividend of $21.5625 per share of its Series A Cumulative Redeemable Preferred Stock, payable on February 28, 2023, to holders of record as of February 15, 2023. Highwoods Properties, a publicly-traded REIT, operates primarily in major business districts across several cities.
Highwoods Properties, Inc. (NYSE:HIW) will announce its fourth quarter and full year 2022 results on February 7, 2023, after market close. A conference call will follow on February 8, 2023, at 11:00 A.M. Eastern Time. US/Canada callers can join at (800) 756-3565, with a live webcast available on the company's website. The company also released its financial release schedule for 2023, detailing quarterly announcements and corresponding conference calls. Highwoods is a real estate investment trust (REIT) focusing on properties in key business districts across multiple cities.
Highwoods Properties has acquired the McKinney & Olive, a 557,000 square foot trophy mixed-use asset in Uptown Dallas, in partnership with Granite Properties. The property, which is 99% leased and includes substantial below-market rent potential, was secured for a total investment of $394.7 million. The acquisition is expected to enhance Highwoods' presence in the Dallas market, offering significant net operating income growth potential, estimated at $22 million for 2023. The location is strategically situated near the upcoming 23Springs development.
Highwoods Properties, Inc. (NYSE:HIW) and The Bromley Companies announced a 50/50 joint venture to develop Midtown East in Tampa, involving an investment of approximately $83 million for a 134,000 square foot office and retail space. The project will include five office floors and ground-level retail within an 18-story, 432,000 square foot tower. Construction is set to start in Q1 2023, aiming for completion by Q1 2025 and stabilization by Q2 2026. Highwoods also holds an 80% stake in a previous successful venture in Midtown Tampa.
Highwoods Properties, Inc. (NYSE:HIW) announced its third quarter 2022 results, detailing financial performance and strategic developments. The company operates as a fully-integrated real estate investment trust, focusing on office properties in key business districts across major U.S. cities including Atlanta, Charlotte, and Dallas. For a comprehensive review of financial outcomes, visit www.highwoods.com.
Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share for the quarter ending September 30, 2022, resulting in an annualized dividend of $2.00 per share. This dividend is set for distribution on December 13, 2022 to shareholders on record as of November 21, 2022.
Additionally, a cash dividend of $21.5625 per share for the 8 5/8% Series A Cumulative Redeemable Preferred Stock will be paid on November 30, 2022 to all holders of record by November 15, 2022.
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