SLG SL Green (SLG) Q2 FY26 earnings call
SL Green reported a strong quarter, significantly raising its full-year FFO guidance by over 26%, primarily due to robust operational performance in its Manhattan office portfolio and a unique accounting inflection point for One Vanderbilt. The company highlighted a strong New York City economy, scarcity of premier office space, and strategic capital recycling efforts. Management remains optimistic about continued leasing momentum and asset valuations despite rising benchmark rates.
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SLG operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Leased rate | 94.4%So you're at 94.4% leased occupancy.Source: earnings call transcript | 95%We took advantage of a very strong leasing market to surpass perhaps the company's most important goal, the leasing of over 2 million square feet year-to-date as we currently sit, bringing our leased occupancy to 95%.Source: earnings call transcript | +0.6 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.