EX-99.1 2 finalinvestorpresentatio.htm EX-99.1 finalinvestorpresentatio

 
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COMMODITY OFFICE ASSETS ✓ New or recently redeveloped properties that command premium rents and enjoy higher occupancy ✓ Located in the best markets and submarkets with close proximity to thriving and dynamic neighborhoods ✓ Highly-amenitized including on-site retail & food, activated outdoor space, collaboration & meeting space, state-of-the art fitness options with locker rooms ✓ Inspired design and efficient systems and floorplates are becoming gating factors for increasingly discerning customers LIFESTYLE OFFICE ASSETS × Older vintage assets with few or no in-building amenities and limited outdoor activation × Proximity to single-use office districts with challenging walkability and few post work entertainment options × Dated designs as well as inefficient building systems and floorplates with bland common areas × Fundamental interior features – low ceiling heights, small windows, etc. – are uneconomic to change or improve through redevelopment × Inconvenient and exposed surface parking with limited transit options Companies are recognizing the importance of desirable office space in recruitment, retention and culture Large portions have become obsolete and unleasable – eventually will be redeveloped into another use

 

 

 

 

 
RECENTLY COMPLETED REDEVELOPMENT

 
IN-PROCESS REDEVELOPMENTS

 
IN-PROCESS REDEVELOPMENTS

 
BANK OF AMERICA ANALYSIS OF PORTFOLIO QUALITY1

 
CLASS A ASKING RENT ($/SF)1,2

 
⚫ ⚫ ⚫ ⚫ THEMES

 
FLIGHT TO QUALITY

 
SUN BELT MIGRATION1

 
POPULATION GROWTH IN COUSINS’ MARKETS1

 
FORTUNE 100 OFFICE ATTENDANCE POLICIES1

 
LEASING VOLUME vs PRE-PANDEMIC1 (MM SF)

 
U.S. OFFICE INVENTORY1 (MM SF)

 
LEASE EXPIRATIONS BY YEAR1

 
COUSINS PORTFOLIO OCCUPANCY vs LEASED1

 
COUSINS IN-PLACE GROSS RENTS1

 
ASSET RECYCLING1

 
CURRENT DEVELOPMENT PIPELINE NASHVILLE

 
RECENT ACQUISITIONS

 

 
NET DEBT/EBITDA1

 
COUSINS INCREASE IN 2ND GENERATION CASH NET RENT1

 
FFO/SHARE GROWTH 2023 vs 20251

 
NET ASSET VALUE APPRECIATION PER GREEN STREET1

 

 

 

 

 

 

 

 

 

 

 
3344 Peachtree Road NE Suite 1800 Atlanta, GA 30326 Executive Vice President and Chief Financial Officer gadzema@cousins.com 404.407.1116 Vice President, Finance and Investor Relations rimbeaux@cousins.com 404.407.1104