Cousins Properties Reports Strong Q3 2026 Growth with Increased FFO and Rent Roll-ups

Cousins Properties (CUZ) delivered a robust third quarter for 2026, characterized by significant growth in Funds From Operations (FFO) and net income. The company reported FFO of $123.8 million ($0.75 per share), up from $116.5 million in the prior year period. This performance was driven by a 7.4% increase in same-property cash NOI, marking its strongest quarterly growth for this metric since early 2020. The company's leasing metrics showed substantial momentum, with net effective rent increasing 11.4% sequentially and weighted average occupancy rising to 89.5%. Strategic capital movements included the $208 million sale of an Austin office tower and a $50 million investment in a Dallas development site. Despite acknowledging macro headwinds regarding interest rates and transaction volumes, Cousins Properties raised its full-year FFO guidance slightly due to increased leasing activity.

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