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DEA - Easterly Government Properties: A Safe Office REIT You Can Rely On
Easterly Government Properties Inc.
I've been looking at office REITs in general as it is a beaten-down sector with some risks but with a large possible upside. Easterly Government Properties (DEA) came up on my screens. The company is currently trading at levels prior to the coronavirus pandemic. I wanted to explore whether or not there is an opportunity here.
Just a brief background on the company, Easterly Government Properties is a REIT focused on serving US government agencies. It is one of the top lessors of the federal government. The company generates its revenues by