WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 103
VALUE PROPOSITION
HISTORICAL FFO/SHARE
$3.76
INVESTOR DAY | 2022
$3.28
$3.39
$3.45
$3.50
2017
2018
2019*
$3.58
$3.08
$2.74
$2.46
2010
*2019
$2.83
$2.91
$2.59
2011
2012
2013
2014
2015
2016
FFO excludes balance sheet write-offs associated with LSI’s closure in Q1’19 and one-time costs associated with closure of
our GBO & MEM offices. 2019 debt/EBITDAre computed prior to completion of any dispositions.
**Excludes $0.10/share of land sale gains recorded in 2021.
2020
2021**