COPT to Present at Nareit’s REITweek: 2023 Investor Conference
01 Junho 2023 - 5:16PM
Business Wire
Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the
“Company”) announced that its President and CEO, Stephen E.
Budorick, will provide an update on the Company and participate in
a question and answer session at Nareit’s REITweek: 2023 Investor
Conference. The presentation will be held on June 7, 2023 at 8:45
a.m. Eastern Time at the New York Hilton Midtown in New York,
NY.
A live audio webcast of the presentation and accompanying
materials will be available in the ‘News & Events – IR
Calendar’ section of COPT’s Investors website:
https://investors.copt.com/news-events/ir-calendar.
About COPT COPT is a REIT
that owns, manages, leases, develops and selectively acquires
office and data center properties. The majority of its portfolio is
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
the Company believes are growing, durable, priority missions
(“Defense/IT Locations”). The Company also owns a portfolio of
office properties located in select urban submarkets in the Greater
Washington, DC/Baltimore region with durable Class-A office
fundamentals and characteristics (“Regional Office Properties”). As
of March 31, 2023, the Company derived 90% of its core portfolio
annualized rental revenue from Defense/IT Locations and 10% from
its Regional Office Properties. As of the same date and including
24 properties owned through unconsolidated joint ventures, COPT’s
core portfolio of 192 properties encompassed 22.9 million square
feet and was 95.1% leased.
Forward-Looking Information
This press release may contain “forward-looking” statements, as
defined in Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, that are based on the
Company’s current expectations, estimates and projections about
future events and financial trends affecting the Company.
Forward-looking statements can be identified by the use of words
such as “may,” “will,” “should,” “could,” “believe,” “anticipate,”
“expect,” “estimate,” “plan” or other comparable terminology.
Forward-looking statements are inherently subject to risks and
uncertainties, many of which the Company cannot predict with
accuracy and some of which the Company might not even anticipate.
Although the Company believes that the expectations, estimates and
projections reflected in such forward-looking statements are based
on reasonable assumptions at the time made, the Company can give no
assurance that these expectations, estimates and projections will
be achieved. Future events and actual results may differ materially
from those discussed in the forward-looking statements and the
Company undertakes no obligation to update or supplement any
forward-looking statements.
The areas of risk that may affect these expectations, estimates
and projections include, but are not limited to, those risks
described in Item 1A of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2022.
Source: Corporate Office Properties Trust
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version on businesswire.com: https://www.businesswire.com/news/home/20230601006015/en/
IR Contacts:
Venkat Kommineni, CFA 443-285-5587 venkat.kommineni@copt.com
Michelle Layne 443-285-5452 michelle.layne@copt.com
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