Piedmont Realty Trust

PDM

Market cap $1.09B

Atlanta, GA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual financial results on Wednesday, February 11, 2026, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, February 12, 2026, at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website. During the conference call, the Company's management team will review fourth quarter and annual performance, discuss recent events, and conduct a question-and-answer period.

Atlanta, GA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company leased 2.5 million square feet, or approximately 16% of its portfolio, during 2025, including 679,000 square feet of leases signed during the fourth quarter. Approximately two-thirds of the Company's 2025 leasing related to new tenants, and almost half related to previously vacant space.

Piedmont Realty Trust (PDM) remains deeply undervalued, trading at a P/FFO of 5.2x versus its historical average of 10.26x. I anticipate a dividend reinstatement in 2026, supported by improving leasing trends and FFO growth outlook. Updated Q3 2025 data and sector trends reinforce a forward-looking fair value of approximately $14.50 per share for PDM.

Atlanta, GA, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company is participating in this week's Nareit's REITworld: 2025 Annual Conference in Dallas, TX. The Company has completed over 475,000 square feet of leasing thus far in the fourth quarter, with approximately 275,000 square feet related to new tenants. Almost half of the new tenant leases are for previously vacant space and year-to-date leasing volume now totals approximately 2.3 million square feet.   Approximately 44,000 square feet of the new tenant leases relate to the Company's out-of-service portfolio which is now approximately 60% leased.

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Atlanta, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM), today announced the results, as of 5:00 p.m., New York City time, on November 19, 2025 (the “Expiration Time”), of the previously announced cash tender offer of its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”). The cash tender offer was announced on November 13, 2025 and was made pursuant to the Offer to Purchase and the related Notice of Guaranteed Delivery, each dated November 13, 2025 (the “Tender Offer Documents”). The following table presents the aggregate principal amount of the notes tendered and not validly withdrawn and the aggregate principal amount of the notes tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents, in each case, as of the Expiration Time. Capitalized terms used but not defined herein shall have the meaning given to them in the Offer to Purchase.

Atlanta, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced the pricing of the cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”) for the consideration described below by its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”). The table below sets forth the applicable Reference Yield and Consideration for the notes, as calculated at 2:00 p.m., New York City time, today, November 19, 2025, in accordance with the Offer to Purchase.

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 5.625% senior notes due 2033 at 99.364% of the principal amount. The offering is expected to close on November 20, 2025, subject to the satisfaction of customary closing conditions.

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has commenced a cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”) for the consideration described below. Title of Security CUSIP Number / ISIN (1) Principal Amount Outstanding U.S. Treasury Reference Security (2) Bloomberg Reference Page (2) Fixed Spread (2) 9.250% Senior Notes due 2028 720198AG5 /US720198AG56 $ 532,460,000 3.50% UST due November 15, 2028 FIT1 95 bps (1)      No representation is made as to the correctness or accuracy of the CUSIP numbers listed in this press release, the Offer to Purchase (as defined below) or printed on the notes.

Piedmont Office Realty Trust has lagged REIT peers in the VNQ so far in 2025, partially driven by a dividend suspension earlier in the year. Looking ahead to 2026, Core FFO is set to return to growth thanks to commencing rent on recently signed leases. While the Fed still has some way to go towards reaching its 3% neutral rate, PDM is already paying above-market interest on its fixed-rate obligations.