Highwoods Properties reports Q2 earned FFO 89c, consensus 85c

Reports Q2 revenue $200.6M, consensus $203.52M. Ted Klinck, President and Chief Executive Officer, stated, “We had another strong quarter. Leasing activity remained robust, as we made meaningful progress filling key vacancies and capturing several sizable renewals, which drove our leased rate up 80 basis points sequentially. Our strong leasing pipeline supports our confidence in the long-term occupancy trajectory for our portfolio.”