• NYSE: GOV...$23.87...Quarterly Dividend:$0.43...Yield:7.21%
    
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  • Majority leased to government tenants.
    For the quarter ended June 30, 2014, approximately 70% of GOV’s rental income was generated from properties majority leased to the U.S. Government, 19% from properties majority leased to state governments and 4% from a property majority leased to the United Nations.
  • Stable and safe income stream.
    Government tenants tend to have high renewal rates and, over the past 10 years, have occupied leased properties for an average term of 27 years. As of June 30, 2014, GOV’s tenant occupancy was 95.5% and its weighted average remaining lease term (based on annualized rents) was approximately 4.9 years.
  • Conservative financial profile.
    Government Properties Income Trust has a conservative balance sheet and is investment grade rated (Moody’s: Baa3; S&P: BBB-). Its debt to book capitalization as of June 30, 2014 was approximately 43%.
  • Consistent cash distribution.
    GOV’s dividend yield of 6.8% at June 30, 2014 is approximately twice that of its office REIT peer average.
  • Capacity for growth.
    GOV has a $550 million credit facility to use for acquisitions and working capital. The credit facility has no financing contingencies, which provides a competitive advantage and certainty of acquisition closure.
    
 

Office Real Estate

Government Properties Income Trust is an office real estate investment trust, or REIT, that focuses on properties that are leased to U.S. federal and state government agencies.  As of June 30, 2014, we owned approximately $1.9 billion of office properties with more than 11 million square feet located in 31 states and Washington, D.C.

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Investor Presentation

Recent News

08/13/2014

Government Properties Income Trust Prices $350 Million of 3.75% Unsecured Senior Notes Due 2019


08/06/2014

Government Properties Income Trust Announces 2014 Second Quarter Results


07/31/2014

Government Properties Income Trust Second Quarter Conference Call Scheduled for Wednesday, August 6th


 
Government Properties Income Trust, Two Newton Place, 255 Washington Street, Newton, MA 02458-1634 Main Number: 617-219-1440.