Streetbeat News

CUZ

Cousins Properties Incorporated

https://www.cousins.com

Industry

REIT - Office

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.

Open

29.83

Mkt cap

5.1B

Volume

502K

High

30.72

P/E Ratio

90.35

52-wk high

32.55

Low

29.65

Div yield

0.04

52-wk low

21.58

Cousins Properties (CUZ) has acquired Sail Tower, a trophy lifestyle office property, to enhance its Austin portfolio. This acquisition aims to meet the increasing demand for quality office spaces in the area.

Portfolio Pulse from

December 18, 2024 | 5:45 pm

Cousins Properties has completed the acquisition of Sail Tower, a significant office property in Austin, Texas, for $521.8 million.

Portfolio Pulse from

December 17, 2024 | 9:30 pm

Cousins Properties announced the pricing of a $400 million senior notes offering with a 5.375% interest rate, due in 2032. The offering is expected to close on December 17, 2024.

Portfolio Pulse from

December 12, 2024 | 9:45 pm

Cousins Properties (CUZ) is acquiring Sail Tower, a high-quality office property, to expand its portfolio in Austin. This move aims to meet the increasing demand for premium office spaces in the area.

Portfolio Pulse from

December 11, 2024 | 3:30 pm

Cousins Properties has announced a public offering of 9,500,000 shares of its common stock, aiming to raise approximately $284 million before expenses.

Portfolio Pulse from

December 11, 2024 | 1:15 pm

Cousins Properties has announced a public offering of 9.5 million shares to fund the purchase of an office property in Downtown Austin.

Portfolio Pulse from

December 10, 2024 | 9:30 pm

Cousins Properties (NYSE: CUZ) is set to acquire the Sail Tower, a prime office property in Austin, for $521.8 million. The deal is expected to close in December, pending customary conditions.

Portfolio Pulse from

December 10, 2024 | 2:00 pm

Cousins Properties (CUZ) has completed the acquisition of Vantage South End in Charlotte, NC, for $328.5 million.

Portfolio Pulse from

December 05, 2024 | 5:00 pm

Cousins Properties has completed the acquisition of Vantage South End, a 639,000 square foot office property in Charlotte, for $328.5 million.

Portfolio Pulse from

December 04, 2024 | 9:30 pm

Cousins Properties, focusing on Class A office properties in the Sun Belt, benefits from strong demographics and corporate migration trends. With low leverage, an active development pipeline, and a recent capital raise, CUZ is well-positioned for growth.

Portfolio Pulse from

November 20, 2024 | 1:45 pm

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