COPT Defense to Present at Citi’s 2025 Global Property CEO Conference

Rhea-AI Summary

COPT Defense Properties (NYSE: CDP), an S&P MidCap 400 REIT, has announced its participation in Citi's 2025 Global Property CEO Conference. President & CEO Stephen E. Budorick will present on March 4, 2025, at 2:55 p.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida.

The Company specializes in owning, operating, and developing properties near key U.S. Government defense installations. Their Defense/IT Portfolio comprises 195 properties, including 24 owned through unconsolidated joint ventures, totaling 22.4 million square feet with a 96.8% lease rate as of December 31, 2024. Their tenant base primarily consists of the U.S. Government and defense contractors engaged in national security activities, requiring mission-critical and high-security property enhancements.

COLUMBIA, Md.--(BUSINESS WIRE)-- COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at Citi’s 2025 Global Property CEO Conference. The presentation will be held on March 4, 2025 at 2:55 p.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida.

A live audio webcast of the presentation and materials encompassing the information provided during the presentation and conference will be available in the ‘News & Events – IR Calendar’ section of COPT Defense’s Investors website: https://investors.copt.com/news-events/ir-calendar.

About COPT Defense

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2024, the Company’s Defense/IT Portfolio of 195 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.4 million square feet and was 96.8% 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, 2024.

Source: COPT Defense Properties

View source version on businesswire.com: https://www.businesswire.com/news/home/20250225976242/en/

IR Contacts:

Venkat Kommineni, CFA

443.285.5587

venkat.kommineni@copt.com

Michelle Layne

443.285.5452

michelle.layne@copt.com

Source: COPT Defense Properties

FAQ

When and where will COPT Defense (CDP) present at Citi's 2025 Global Property CEO Conference?

COPT Defense will present on March 4, 2025, at 2:55 p.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida.

What is the current size and occupancy rate of COPT Defense's (CDP) property portfolio?

As of December 31, 2024, COPT Defense's portfolio includes 195 properties spanning 22.4 million square feet with a 96.8% lease rate.

Who are the main tenants of COPT Defense (CDP) properties?

The main tenants are the U.S. Government and their defense contractors who are involved in national security activities.

How many properties does COPT Defense (CDP) own through joint ventures?

COPT Defense owns 24 properties through unconsolidated joint ventures.

Where can investors access COPT Defense's (CDP) presentation materials from the Citi conference?

The presentation materials will be available in the 'News & Events – IR Calendar' section of COPT Defense's Investors website at investors.copt.com.