COPT Provides Conference Call Details to Discuss 2Q 2022 Results

Rhea-AI Summary

Corporate Office Properties Trust (NYSE: OFC) has announced that its second quarter 2022 results will be released on July 28, 2022, after the market closes. A conference call to discuss these results is scheduled for July 29, 2022, at 12:00 p.m. Eastern. Participants can register for the call to receive a dial-in number and pin, which takes only a few moments. The company focuses on leasing and managing office and data center properties, especially those supporting national security and information technology sectors, with a portfolio of 186 properties encompassing 21.8 million square feet.

Positive

• COPT's portfolio includes 186 properties totaling 21.8 million square feet.
• As of March 31, 2022, the portfolio was 94.1% leased.
• 90% of rental revenue is derived from Defense/IT locations.

Negative

• None.

COLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss second quarter 2022 results:

Results Release Date:		Thursday, July 28, 2022 after the market closes
Conference Call Date:		Friday, July 29, 2022
Time:		12:00 p.m. Eastern

Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time:
https://register.vevent.com/register/BIc8c0e17ac73c4a0fa291f2b763956f45

Participants can also listen to the conference call via a live webcast in the ‘News & Events – IR Calendar’ section of COPT’s Investors website: https://investors.copt.com/news-events/ir-calendar

A replay of the conference call will be immediately available via webcast only on COPT’s Investors website.

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/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of March 31, 2022, 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 19 properties owned through unconsolidated joint ventures, COPT’s core portfolio of 186 properties encompassed 21.8 million square feet and was 94.1% 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, 2021.

Source: Corporate Office Properties Trust

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005105/en/

IR Contact:

Michelle Layne

443-285-5452

michelle.layne@copt.com

Source: Corporate Office Properties Trust

FAQ

When will Corporate Office Properties Trust release its second quarter 2022 results?

Corporate Office Properties Trust will release its second quarter 2022 results on July 28, 2022, after the market closes.

What time is the conference call for Corporate Office Properties Trust's second quarter 2022 results?

The conference call is scheduled for July 29, 2022, at 12:00 p.m. Eastern time.

How can I participate in the Corporate Office Properties Trust conference call?

Participants can register for the conference call online to receive a dial-in number and personal pin.

What is the focus of Corporate Office Properties Trust's property portfolio?

COPT's portfolio primarily includes properties supporting national security and IT activities.

What percentage of COPT's rental revenue comes from Defense/IT locations?

As of March 31, 2022, 90% of COPT's annualized rental revenue comes from Defense/IT locations.