Balance Sheet Improvement From DispositionsCompletion of targeted property dispositions meaningfully reduced leverage and strengthened the balance sheet, creating capacity for future investments and lowering financial risk.
Capital Allocation And Shareholder ReturnsResumption of share repurchases combined with continued capital allocation to development and first-generation leasing signals a balanced strategy between returning capital to shareholders and funding growth.
Leasing Momentum And Rent GrowthNew and renewed leases are being signed at higher rents across a meaningful portion of the portfolio, supporting revenue upside and demonstrating pricing power in the leasing market.