COPT Defense Properties (NYSE:CDP)
$ 24.43 -0.23 (-0.93%) Market Cap: 2.75 Bil Enterprise Value: 5.08 Bil PE Ratio: 0 PB Ratio: 1.86 GF Score: 75/100
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Corporate Office Properties Trust at NAREIT REITWeek (Virtual) Transcript

Jun 03, 2020 / 01:00PM GMT
Release Date Price: $27.01 (+3.84%)
Christopher Ronald Lucas
Capital One Securities, Inc., Research Division - Senior VP & Lead Equity Research Analyst

Good morning, and welcome to the Corporate Office Properties Trust Presentation. Thank you for joining us. Before we begin, I hope everyone is healthy and safe. My name is Chris Lucas, lead REIT analyst with Capital One Securities. I am pleased to introduce today's panel. With me are Steve Budorick, President and CEO; Anthony Mifsud, EVP and Chief Financial Officer; and Stephanie Krewson-Kelly, VP of Investor Relations.

So Steve, let's just start with an overview of Corporate Office Properties Trust and how the year has started for the company?

Stephen E. Budorick
Corporate Office Properties Trust - President, CEO & Trustee

Sure, Chris. So Corporate Office Properties Trust is the preferred provider of mission-critical real estate leased to the U.S. Department of Defense and its defense contractors. Our Defense/IT locations generate 88% of our revenues. We've been an operating partner to the U.S. government DoD for nearly 30

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