WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 123
DEVELOPMENT RETURNS
VALUE PROPOSITION
12.0%
8.9% weighted avg stabilized
8.9% weighted avg projected
11.0%
10.0%
INVESTOR DAY | 2022
9.0%
8.0%
7.0%
Feb-08
Jul-09
Nov-10
Apr-12
Aug-13
IC GAAP Yield
Dec-14
May-16
Stabilized GAAP Yield
Historical development 2008 – current. Includes spec and build to suit development projects.
Sep-17
Feb-19
Jun-20
Oct-21