OFC News and Press, Corporate Office Properties Trust From 01/15/23

Summary U.S. equity markets posted broad-based gains after the closely-watched CPI inflation report showed signs of easing inflationary pressures, strengthening the case for the Fed to slow its pace of rate hikes. Pushing its year-to-date gains to above 4% following a dismal year of per...

Corporate Office Properties Trust ( NYSE: OFC ), known as COPT, said Wednesday it formed with Blackstone ( NYSE: BX ) Real Estate two new joint ventures that acquired a 90% interest in five data center shell properties valued at $278M. The acquisition was executed thr...

Approximately $250 Million of Equity to COPT Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the formation of two new joint ventures with entities affiliated with Blackstone Real Estate (the “Joint Venture”). ...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss fourth quarter and year end 2022 results and guidance for 2023. Details: Participants must regist...

Highest Annual Vacancy Leasing Level in 12 Years Illustrates the Durability of Portfolio Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) completed 801,000 square feet of vacancy leasing during 2022 with a weighted-average lease t...

Summary Corporate Office Properties is a uniquely positioned REIT due to its affiliation with the U.S. Government. It has strong operating fundamentals, and is moving towards a self-funding model. Its low valuation, very well-covered dividend, and relative immunity from recession ri...

Summary Who's going into the office these days? Well, I'm sitting here typing this article from my office. Riddle me this: Who's ready to buy some ridiculously cheap office REITs? This article was coproduced with Cappuccino Finance There are many words to describe ...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per common share for the fourth quarter ending December 31, 2022. The fourth quarter 2022 divide...

Summary Pressured by the painfully slow “return to the office” with daily utilization rates still 50% below pre-pandemic norms, Office REITs are among the worst-performing property sectors this year. Office leasing activity and REIT earnings results have been surpris...

Summary The market is greatly overestimating the effect of higher rates and inflation on durable goods, materials and financial companies, while underestimating the impact on speculative assets. Rather than driven by positive growth catalysts, the reversal in value leadership duri...