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Cousins Pptys Inc - CUZ STOCK NEWS

Welcome to our dedicated page for Cousins Pptys news (Ticker: CUZ), a resource for investors and traders seeking the latest updates and insights on Cousins Pptys stock.

Cousins Properties Inc (CUZ) delivers timely updates on its Class A office portfolio and Sun Belt market strategy through this centralized news hub. Investors and stakeholders gain access to official press releases, financial disclosures, and operational developments from the fully integrated REIT.

Track critical updates including quarterly earnings reports, property acquisitions, and sustainability initiatives across high-growth markets like Atlanta and Austin. Our curated collection ensures efficient monitoring of leasing activity, capital investments, and leadership announcements that impact long-term portfolio performance.

Bookmark this page for direct access to Cousins Properties' verified corporate communications. Combine strategic insights with fundamental data through regularly updated content maintained for investor research and market analysis needs.

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Cousins Properties Incorporated (NYSE:CUZ) has announced that its operating partnership, Cousins Properties LP, has priced an offering of $500 million aggregate principal amount of 5.875% senior unsecured notes due 2034 at 99.708% of the principal amount. The offering is expected to close on August 16, 2024, subject to customary closing conditions.

The company intends to use the net proceeds to repay revolving loans outstanding under its credit facility, with any remaining amount being used for working capital, capital expenditures, and other general corporate purposes, including potential repayment of other outstanding indebtedness. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by Cousins Properties Incorporated.

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Town Lane and Cousins Properties (NYSE: CUZ) have jointly acquired Proscenium, a 526,000 square foot Class A office building in Midtown Atlanta, for approximately $83 million. The acquisition was made through a newly formed joint venture, with Town Lane owning 80% and Cousins owning 20%. Cousins will manage and lease the property.

The building, currently 74% leased, is located at the intersection of 14th and Peachtree streets. The new ownership plans significant capital upgrades to modernize and reposition the building. Both companies expressed enthusiasm for the Midtown Atlanta market and the potential to deliver a first-class office experience.

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Cousins Properties (NYSE: CUZ) has announced the release of its second quarter 2024 financial results. The company will host a conference call on Friday, July 26, 2024, at 10:00 a.m. Eastern Time to discuss the results. Investors can access the Earnings Release and Supplemental Information on the company's website in the Investor Relations section. For those unable to attend the live call, a replay will be available for seven days. Additionally, a webcast of the conference call can be accessed through the dedicated link on the Cousins Properties website.

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Cousins Properties (NYSE: CUZ) has acquired two newly-created mezzanine loans from an existing lender, secured by interests in lifestyle office properties in Nashville and Charlotte. The initial commitment is $27.2 million, with a potential total commitment of $37.0 million. The loans have initial maturity dates in June 2025 and February 2026, carrying a current weighted average interest rate of SOFR plus 866 basis points.

Colin Connolly, President and CEO of Cousins Properties, expressed excitement about the acquisition, highlighting the trophy lifestyle office properties in dynamic Sun Belt markets. He emphasized that these accretive transactions demonstrate emerging opportunities with attractive risk-adjusted returns.

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Cousins Properties (NYSE:CUZ) has announced the release dates for its second quarter 2024 earnings report and conference call. The earnings report will be published after the market closes on Thursday, July 25, 2024. The earnings conference call is scheduled for Friday, July 26, 2024, at 10:00 a.m. Eastern Time. Investors can join the call by dialing (800) 836-8184 or via a live webcast on the company's website. A playback will be available from July 26 to August 2, 2024, using the number (888) 660-6345 with passcode 43599#. Financial details will be accessible in the 'Featured Reports' section on the Investor Relations page of the Cousins Properties website.

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Cousins Properties (NYSE: CUZ) announced a $0.32 cash dividend per common share for Q2 2024.

The dividend is payable on July 15, 2024, to shareholders of record as of July 3, 2024.

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Cousins Properties (CUZ) has released its first quarter 2024 results. The company will hold a conference call to discuss the results on April 26, 2024. Investors can access the Earnings Release and Supplemental Information on the company's website. A replay of the conference call will be available for seven days.
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Cousins Properties (CUZ) will release its first quarter 2024 earnings on April 25, 2024, with an earnings conference call scheduled for April 26, 2024. Financial data will be available on the company's website, including SEC filings and supplemental information.
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Cousins Properties (CUZ) declares a cash dividend of $0.32 per common share for the first quarter of 2024, payable on April 15, 2024.
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Cousins Properties (NYSE: CUZ) has released its fourth quarter and full year 2023 results, available on their website. A conference call is scheduled for February 8, 2024, to discuss the results.
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Cousins Pptys Inc

NYSE:CUZ

CUZ Rankings

CUZ Stock Data

4.51B
166.52M
0.78%
101.82%
3.25%
REIT - Office
Real Estate Investment Trusts
Link
United States
ATLANTA