Ticker name:NLOPNet Lease Office Properties
Country: US-Sector: Real Estate, Industry: REIT - Office
Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
- CEO: Jason E. Fox
- IPO: Nov 02, 2023
- Website:...w/default.aspx (open a new tab)
Market Cap 168M
Last close 11.34$
Key metrics
Largest 15 companies In REIT - Office
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | BXP | BXP, Inc. | 11B | 69.11$ | |
| 2 | ARE | ALEXANDRIA REAL ESTATE EQUITIES, INC. | 8.9B | 50.94$ | |
| 3 | CUZ | COUSINS PROPERTIES INC | 5.3B | 32.15$ | |
| 4 | KRC | KILROY REALTY CORP | 4.6B | 39.42$ | |
| 5 | CDP | COPT DEFENSE PROPERTIES | 4.3B | 38.03$ | |
| 6 | SLG | SL GREEN REALTY CORP | 3.9B | 54.61$ | |
| 7 | HIW | HIGHWOODS PROPERTIES, INC. | 3.7B | 33.65$ | |
| 8 | DEI | Douglas Emmett Inc | 2.1B | 12.28$ | |
| 9 | DEA | Easterly Government Properties, Inc. | 1.2B | 25.33$ | |
| 10 | HPP | Hudson Pacific Properties, Inc. | 834M | 15.38$ | |
| 11 | NLOP | Net Lease Office Properties | 168M | 11.34$ | |
| 12 | ONL | Orion Properties Inc. | 148M | 2.6$ | |
| 13 | ELME | Elme Communities | 132M | 1.49$ | |
| 14 | FSP | FRANKLIN STREET PROPERTIES CORP /MA/ | 45M | 0.4321$ | |
| 15 | NYC | American Strategic Investment Co. | 22M | 8.195$ |