Ticker name:CDPCOPT DEFENSE PROPERTIES
Country: US-Sector: Real Estate, Industry: REIT - Office
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.
- CEO: Stephen E. Budorick
- IPO: Dec 31, 1991
- Website:copt.com (open a new tab)
Market Cap 3.8B
Last close 33.11$
Key metrics
Largest 14 companies In REIT - Office
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | BXP | BXP, Inc. | 11B | 65.96$ | |
| 2 | ARE | ALEXANDRIA REAL ESTATE EQUITIES, INC. | 8B | 46$ | |
| 3 | CUZ | COUSINS PROPERTIES INC | 5B | 30.33$ | |
| 4 | KRC | KILROY REALTY CORP | 4.4B | 37.83$ | |
| 5 | SLG | SL GREEN REALTY CORP | 3.8B | 53.78$ | |
| 6 | CDP | COPT DEFENSE PROPERTIES | 3.8B | 33.11$ | |
| 7 | HIW | HIGHWOODS PROPERTIES, INC. | 3.6B | 32.2$ | |
| 8 | DEI | Douglas Emmett Inc | 1.8B | 10.58$ | |
| 9 | DEA | Easterly Government Properties, Inc. | 1.1B | 23.28$ | |
| 10 | HPP | Hudson Pacific Properties, Inc. | 573M | 10.56$ | |
| 11 | ONL | Orion Properties Inc. | 141M | 2.48$ | |
| 12 | NLOP | Net Lease Office Properties | 133M | 8.95$ | |
| 13 | FSP | FRANKLIN STREET PROPERTIES CORP /MA/ | 46M | 0.4395$ | |
| 14 | NYC | American Strategic Investment Co. | 20M | 6.19$ |