The company said its diluted net income attributable to common stockholders for Q3 2024 was $164.7 million ($0.96 per share), and its FFO per share, diluted, as adjusted, was $407.9 million ($2.37 per share). Total revenues for Q3 were $791.6 million.

1. 01

   The company said its diluted net income attributable to common stockholders for Q3 2024 was $164.7 million ($0.96 per share), and its FFO per share, diluted, as adjusted, was $407.9 million ($2.37 per share). Total revenues for Q3 were $791.6 million.

2. 02

   The company said leasing activity in Q3 totaled 1.5 million RSF, 48% above the average of 1.0 million RSF over the previous 4 quarters. Occupancy of operating properties in North America was 94.7% as of September 30, 2024.

3. 03

   The company said it sold Eastlake Avenue East, a 1165-building property in Seattle's Lake Union, for $150.0 million in September 2024, and recognized a gain on sale of real estate of $21.5 million. In October 2024, it agreed to sell 4 properties in Greater Boston for $369.4 million.

4. 04

   The company said liquidity was $5.4 billion as of September 30, 2024, and that its net debt and preferred stock to Adjusted EBITDA ratio, annualized for the quarter, was 5.5x. It also said it has secured transactions equal to $1,527 million of the 2024 midpoint for dispositions and common equity of $1,550 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.