OFC News and Press, Corporate Office Properties Trust From 06/05/21

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

Corporate Office Properties Trust ([[OFC]] -1.0%) formed a new joint venture with funds affiliated with Blackstone Real Estate.The Joint Venture acquired a 90% interest in two single-tenant, data center shell properties totaling 432K sq. feet and valued at $119M.The company received ~$107M of...

Corporate Office Properties Trust (OFC) forms a new joint venture with funds affiliated with Blackstone Real Estate (BXMT). The JV acquired a 90% interest in two single-tenant, data center shell properties totaling 432,000 square feet and valued at $119M. COPT received approximately $107...

Approximately $107 Million of Equity to COPT Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the formation of a new joint venture with funds affiliated with Blackstone Real Estate (the “Joint Venture”...

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) 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: 2021 Investo...

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE:OFC) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per common share for the second quarter ending June 30, 2021. The second quarter 2021 dividend re...

Corporate Office Properties has mission-critical real estate, and continues to demonstrate solid operating results. It has a robust development pipeline, and is benefiting from the low interest rate environment. I also highlight the valuation, dividend, balance sheet, and other po...