Cousins Properties Q2 net income more than doubled to $26.2 million; revenue rises 11.7% to $268.53 million - CUZ News | RalliesCousins Properties Q2 net income more than doubled to $26.2 million; revenue rises 11.7% to $268.53 million
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CUZ• Financing and guidance
- Closed a new five-year $1.2 billion unsecured credit facility, improving borrowing spreads by 15 basis points on key facilities and loans.
- Raised 2026 guidance midpoint, forecasting net income of $0.08-$0.14 per share and FFO of $2.92-$2.98 per share.
Quarterly results and leasing
- Cousins Properties posted Q2 net income of $26.2 million, or $0.16 per share, more than doubled from a year earlier.
- FFO rose 7.1% to $124.6 million, or $0.75 per share, as the gain on an investment property sale boosted results.
- Same-property cash-basis NOI climbed 5.9%, while executed leasing totaled 924,000 square feet, lifting the portfolio to 92.8% leased.
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