Balance Sheet DeleveragingCompletion of targeted asset dispositions reduced leverage toward the lower end of prior guidance, strengthening the balance sheet and improving ability to fund future investments or withstand market stress.
Capital Allocation And BuybacksResumption of share repurchases alongside continued development spending signals active capital allocation that can enhance shareholder returns while supporting growth initiatives.
Leasing And Rental GrowthNew and renewed leases are being signed at higher rents across meaningful leasing volume, demonstrating pricing power that should increase rental revenue and support cash flow improvement.