Highwoods Properties' Shares Tumble Following Truist Downgrade
ByAinvest
Wednesday, Jul 2, 2025 2:24 pm ET1min read
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Highwoods Properties shares fall after Truist downgrade. The REIT operates and develops office properties in several US cities, including Atlanta, Charlotte, and Dallas. It owns approximately 28.4 million rentable square feet of in-service properties and has 1.6 million rentable square feet of office properties under development. The downgrade follows a decline in office demand due to the pandemic.
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