Highwoods Reports Second Quarter 2016 Results

| August 26, 2016

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Ed Fritsch, President and CEO, stated, “We had another solid quarter, generating 18.5% year-overyear growth in net income per share and 6.5% year-over-year growth in FFO per share. We leased 907,000 square feet of second generation office space with robust GAAP rent growth of 15.4% and an average term of 5.6 years. Compared to the second quarter of 2015, same property cash NOI was up 4.5% and same property average occupancy was up 60 basis points.

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Regus is the world's largest provider of flexible workspaces: offices, virtual offices, business lounges and more. Since 1989, Regus has consistently developed its portfolio of products and services to meet the needs of our customers to work however, whenever, wherever. We will continue to invent our future and remain at the forefront of providing quality products and services The company has changed enormously in its 22 years of existence, but only in terms of the products and services it offers to its customers, three-quarters of whom are now flexible, mobile workers.

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