
Cousins Properties Expands Sun Belt Portfolio with $850M Investments, NOI Up 7.4%
Cousins Properties IncDescription
What this story covers
Cousins Properties navigated 2024 office challenges with 850 million dollars in Sun Belt acquisitions, boosting NOI 7 point 4 percent to 559 million dollars despite net income dip to 46 million dollars. FFO rose to 2 point 67 dollars per share, supported by 91 point 6 percent occupancy, conservative 5 point 8 times leverage, and mixed-use developments amid hybrid work shifts.
Story snapshot
CompanyCousins Properties Inc
TickerCUZ
VariantStandard detailed
Duration10:16
Filing type10-K
PeriodAnnual 2024
IndustryReal Estate & Construction
Accession0000025232-25-000012
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