Cousins Properties reports Q3 FFO 67c, consensus 67c

Reports Q3 revenue $, consensus $212.83M. “We had great results this quarter amid signs that office fundamentals are improving. Importantly, we leased 763,000 square feet of office space, our highest quarterly volume since 2019. In addition, we executed compelling and accretive new investments and completed our inaugural unsecured bond issuance with investment grade ratings,” said CEO Colin Connolly. “Looking ahead, we expect the supply of office buildings to continue to decline while leasing demand accelerates. This is an attractive environment for us to drive leasing in our Sun Belt lifestyle office portfolio and identify compelling new investment opportunities.”