Financial PerformanceDouglas Emmett's financial performance exceeded expectations with a reported 3Q24 FFO per share of $0.43, surpassing both analyst estimates and market consensus.
Leasing ActivityLeasing activity was notably strong, with 1.0 million square feet of signed leases, marking a 10.7% increase over the company's average from the previous four quarters.
Office PortfolioThe company achieved a significant milestone by increasing its leased percentage for the first time in 12 quarters, reflecting a positive trend in its office portfolio's occupancy.