Seeking Alpha
12 Sept 2026, 13:52 UTC · 6w ago
Piedmont Realty: The Turnaround Is Accelerating, And The Market Isn't Ready
Impact · against what's priced in
PDM is showing tangible signs of a turnaround through significant rental rate roll-ups and FFO growth. The expected $39M in new annualized cash rents and a 14.1% roll-up rate indicate a recovery in pricing power that likely exceeds current market expectations for the office sector.
- PDM+0.70
No priced-in read yet
- In context
The expectation of $39M in new annualized cash rents and rental rate roll-ups of 14.1% provide concrete evidence of an accelerating turnaround and expanding pricing power.
Read from the article alone
