Welcome to our dedicated page for Piedmont Realty Trust news (Ticker: PDM), a resource for investors and traders seeking the latest updates and insights on Piedmont Realty Trust stock.
Piedmont Realty Trust reports recurring developments as a self-managed REIT that owns, manages, develops and operates Class A office properties across major U.S. Sunbelt markets. Company news centers on quarterly and annual financial results, leasing activity, portfolio occupancy, tenant demand, redevelopment and placemaking initiatives under the Piedmont PLACEs approach, and operating updates across its office portfolio.
Additional announcements cover dividend tax treatment for common stockholders, participation in REIT industry events, and leadership changes tied to property management, asset management, construction and redevelopment functions.
Piedmont Realty Trust (PDM) priced a private offering of $200 million aggregate principal amount of 2.875% exchangeable senior notes due 2031 to qualified institutional buyers, to settle on September 17, 2026, with Piedmont fully guaranteeing the notes on a senior, unsecured basis.
The notes bear 2.875% interest, payable semi-annually, and mature on February 1, 2031. Initial purchasers have a 13-day option to buy up to an additional $30 million of notes. The initial exchange rate is 79.0514 shares per $1,000 principal, implying an exchange price of $12.65 per share, a 37.5% premium to the $9.20 last reported share price. Net proceeds are estimated at $194.3 million, or $223.5 million if the option is fully exercised. The operating partnership plans to use proceeds, along with other funding sources, to redeem all outstanding 9.250% senior notes due 2028 and to fund a concurrent $50 million repurchase of 5,434,782 common shares at $9.20.
Piedmont Realty Trust (PDM) plans a private offering of $200 million aggregate principal amount of exchangeable senior notes due 2031, with an additional $30 million option for initial purchasers, through its operating partnership under Rule 144A.
The notes will be senior unsecured obligations guaranteed by Piedmont, pay semi-annual interest, and be exchangeable into cash or a mix of cash and Piedmont common stock. Proceeds, along with forward equity sale proceeds, cash on hand and credit facility borrowings, are expected to redeem outstanding 9.250% senior notes due 2028, including make-whole and accrued interest, and to fund up to approximately $50 million of concurrent share repurchases from certain note purchasers.
Piedmont Realty Trust (NYSE: PDM) announced that it has released its financial and operational results for the quarter ended June 30, 2026, available in the Investor Relations section of its website. The company also scheduled a second quarter 2026 earnings conference call and audio webcast for Wednesday, July 29, 2026, at 9:00 a.m. ET.
Investors can access the live or replay webcast via the Investor Relations event calendar. Analysts may join the call using dedicated domestic and international dial-in numbers with a participant access code, and a telephone replay will be available through August 12, 2026.
Piedmont Realty Trust (NYSE:PDM) will release its second quarter 2026 financial results on Tuesday, July 28, 2026, after the NYSE close.
A conference call and live listen-only webcast are scheduled for Wednesday, July 29, 2026, at 9:00 a.m. ET, with replay access available through August 12, 2026.
Piedmont (NYSE:PDM) reported approximately 240,000 square feet of leases completed so far in the second quarter of 2026, over 60% with new tenants. About 90% of this new-tenant space was previously vacant, bringing year-to-date leasing to roughly 670,000 square feet.
Piedmont also noted nearly 900,000 square feet of leasing either executed or in the legal stage during the second quarter and cited tour and proposal activity above historical averages. The company is presenting at the NAREIT REITWeek Investor Conference in New York.
Piedmont Realty Trust (NYSE: PDM) released results for the quarter ended March 31, 2026 and posted the Earnings Release and Supplemental Information on its investor website.
The company will host a conference call and audio webcast on May 1, 2026 at 9:00 a.m. ET; live and replay access details and telephone replay availability through May 15, 2026 are on the investor site.
Piedmont Realty Trust (NYSE: PDM) will report Q1 2026 financial results after the market close on April 30, 2026.
A conference call is scheduled for May 1, 2026 at 9:00 a.m. ET with a live listen-only webcast and a replay available through May 15, 2026.
Analysts should dial in at least 15 minutes early; domestic and international dial-in numbers and access codes are provided for the live call and replay.
Piedmont Realty Trust (NYSE: PDM) released fourth quarter and full-year 2025 results for the period ended December 31, 2025. The company will host a conference call and audio webcast on February 12, 2026 at 9:00 a.m. ET to review results and take questions.
A live webcast and replay are available via the Investor Relations website, with telephonic dial-in and replay access through February 26, 2026.
Piedmont Realty Trust (NYSE: PDM) promoted Alex Valente to Co‑Chief Operating Officer effective Feb 3, 2026. Mr. Valente joins George M. Wells to oversee property management and asset management, lead new operational initiatives, and manage the Company’s Eastern portfolio of approximately nine million square feet.
Mr. Valente has been with the company for almost 20 years and previously served as Executive Vice President of the Southeast Region, responsible for leasing, construction, redevelopment and major-tenant negotiations across the portfolio.
Piedmont Realty Trust (NYSE: PDM) provided the tax characterization of its 2025 common stock dividends. Two dividends are reported: a $0.125 per-share payment with record date Nov 22, 2024 and paid date Jan 2, 2025, and a $0.125 per-share payment with record date Feb 21, 2025 and paid date Mar 14, 2025. For both payments the table lists Ordinary Dividends $0.0000, Capital Gains $0.0000, Nondividend Distributions $0.125, and Section 199A Dividend Rate $0.0000. Stockholders are advised to consult personal tax advisors for their specific tax treatment.