COLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (OFC) (NYSE: OFC) is pleased to announce the launch of its new Investors website: https://investors.copt.com/
The ‘COPT Investor Collateral’ section under ‘Investor Resources’ on the new site has been updated as follows:
- Property Tour Books have been re-designed and updated
- COPT Research brochures on Defense Spending and related topics have been updated, and a new research brochure has been added:
- The Annual Defense Budget Process provides an overview of the six major steps Congress (CACOX) and The President must complete annually to authorize and appropriate discretionary federal spending, which includes funds for National Defense
The new site also includes a video and photo collage of COPT’s management team ringing the NYSE Closing Bell on September 7, 2018 in celebration of its 20th Anniversary as a publicly traded office REIT.
Company Information
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what it believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimoreregion with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of June 30, 2018, the Company derived 88% of its core portfolio annualized revenue from Defense/IT Locations and 12% from its Regional Office Properties. As of the same date and including six buildings owned through an unconsolidated joint venture, COPT’s core portfolio of 157 office and data center shell properties encompassed 17.5 million square feet and was 93.4% leased; the Company also owned one wholesale data center with a critical load of 19.25 megawatts.
