NYSE:HIWOffice REITs
A Look At Highwoods Properties (HIW) Valuation After The Bridgestone Tower Sale Announcement
Highwoods Properties (HIW) has drawn investor attention after agreeing to sell Bridgestone Tower, a fully leased Nashville office property, for US$255 million, with the deal expected to generate a sizable non-FFO gain.
See our latest analysis for Highwoods Properties.
The sale news lands at a time when momentum in the stock has been rebuilding, with a 30 day share price return of 15.68% and a 90 day share price return of 18.20%, even as the 1 year total shareholder return declined 6.31% and...