HIW · 10-Q · 2026Q1 · Full report
Planned Non-core Asset Sales
HIGHWOODS PROPERTIES, INC. · 2026-04-28 · Importance 64 · Surprise 42
Management expects to sell up to $250.0 million of properties classified as non-core during the remainder of 2026 to optimize portfolio quality and fund capital needs. The Company said proceeds from such dispositions may be used for repurchases, debt repayment or further acquisitions and development. Management cautioned there is no assurance on timing or terms and the expected $250.0 million of dispositions may be impacted by market conditions. The scale of these expected dispositions is comparable to the $250.0 million common share repurchase authorization announced in April 2026.
Key facts
- The Company expects to sell up to $250 million of properties considered non-core during the remainder of 2026.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | probable | +0.9% | The Company expects to sell up to $250 million of properties considered non-core during the remainder of 2026. |
| assets | negative | probable | -0.9% | The Company expects to sell up to $250 million of properties considered non-core during the remainder of 2026. |