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Atlanta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended September 30, 2024. Highlights for the Three Months Ended September 30, 2024: Financial Results: Three Months Ended Nine Months Ended(in 000s other than per share amounts )September 30, 2024September 30, 2023 September 30, 2024September 30, 2023Net loss applicable to Piedmont$(11,519)$(17,002) $(49,091)$(20,357)Net loss per share applicable to common stockholders - basic and diluted$(0.09)$(0.14) $(0.40)$(0.16)Impairment charges$0 $10
Atlanta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Atlanta, GA – October 8, 2024 – Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its third quarter financial results on Thursday, October 24, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, October 25, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review third quarter performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Webcast: Click on the w
Atlanta, July 31, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended June 30, 2024, including the completion of over one million square feet of leasing, the largest amount of leasing the Company has completed in a single quarter in over a decade. Highlights for the Three Months Ended June 30, 2024: Financial Results: Three Months Ended(in 000s other than per share amounts )June 30, 2024June 30, 2023Net loss applicable to Piedmont$(9,809)$(1,988)Net loss per share applicable to common stockholders - dil
3 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
10-Q - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
Atlanta, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced today the appointment of Mary Hager, Executive Director at global real estate investment management firm, Greystar, to its Board of Directors. With Hager's appointment, Piedmont's board of directors now consists of nine total members. At Greystar, Ms. Hager co-leads the Greystar-Thackeray business as well as Greystar's commercial real estate businesses and serves on the Greystar Global Investment Committee and Greystar Executive Committee. Prior to joining Greystar in 2021, Ms. Hager was the Co-CEO and co-founder of Thackeray Partners, a diversified private real estate company based in Da
HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company") today announced the appointments of Kristian ("Krissy") M. Gathright and Donald ("Don") A. Miller, CFA, to the Board of Trustees, effective immediately. These appointments reflect shareholder feedback received over the last several months and conclude an exhaustive search by Whitestone's Nominating and Governance Committee in combination with pre-eminent executive search firm Spencer Stuart. Ms. Gathright currently serves as a Board member of Apple Hospitality REIT (NYSE:APLE) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
Atlanta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended September 30, 2024. Highlights for the Three Months Ended September 30, 2024: Financial Results: Three Months Ended Nine Months Ended(in 000s other than per share amounts )September 30, 2024September 30, 2023 September 30, 2024September 30, 2023Net loss applicable to Piedmont$(11,519)$(17,002) $(49,091)$(20,357)Net loss per share applicable to common stockholders - basic and diluted$(0.09)$(0.14) $(0.40)$(0.16)Impairment charges$0 $10
Atlanta, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or "the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company completed over 461,000 square feet of leasing during the third quarter of 2024, with approximately 45% of this total leased square footage related to new tenants and bringing its in-service leased percentage to 88.8% as of September 30, 2024. Rents on leases executed during the third quarter for space vacant one year or less increased approximately 4.0% and 8.5% on a cash and accrual basis, respectively. Commenting on third quarter leasing results, Brent Smith, Pie
Piedmont Office Realty (NYSE:PDM) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.38 by 2.63 percent. The company reported quarterly sales of $144.538 million which beat the analyst consensus estimate of $143.202 million by 0.93 percent. This is a 1.52 percent increase over sales of $142.367 million the same period last year.
A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February’s 3.2%, surpassing expectations set at 3.4%. Adding to concerns, core inflation, which excludes energy and food, also exceeded expectations, reaching 3.8% compared to the anticipated 3.7%, dismissing any justifications solely attributed to higher gasoline price pressures. Consequently, investors sharply revised down their expectations for Fed rate cuts, now anticipating the commencement of any easing policy no earlier than September, with less
With interest rates remaining at their highest levels in over two decades, and with U.S. Treasury bonds comfortably exceeding a 4% yield, an increasing number of investors are turning their attention to the realm of corporate bonds. In this landscape, they seek not only promising yield opportunities but also the strategic advantage of diversifying away from equity investments. The Financial Times recently reported that inflows into corporate bond funds have surged to $22.8 billion in 2024, marking the first positive start to a year since 2019. Corporate Bonds: Investment Grade Vs. High Yield Corporate bonds come in two main types: investment-grade and high-yield. Investment-gra
SC 13G/A - Piedmont Office Realty Trust, Inc. (0001042776) (Subject)
SC 13G - Piedmont Office Realty Trust, Inc. (0001042776) (Subject)
SC 13G/A - Piedmont Office Realty Trust, Inc. (0001042776) (Subject)