Earnings3Q24 earnings beat with solid multi-tenant leasing, running at the high end of HR's goal.
Financial PerformancePeriod end occupancy (89.4%) increased 50 bps y/y and average occupancy (89.3%) increased by 40 bps y/y.
Management StrategyManagement now expects ~$1.0B of dispositions, vs ~$200M prior, and plans to use these proceeds to accretively repurchase shares and/or pay down floating rate debt.