• NYSE: GOV...$25.58...Quarterly Dividend:$0.43...Yield:6.72%
    
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  • Majority leased to government tenants.
    For the quarter ended December 31, 2013, approximately 73% of GOV’s rental income was generated from properties leased to the U.S. Government, 23% from properties majority leased to state governments and 4% from a property 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 26 years. As of December 31, 2013, GOV’s tenant occupancy was 94.8% and its weighted average remaining lease term (based on annualized rents) was approximately 5.4 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 December 31, 2013 was approximately 38%.
  • Consistent cash distribution.
    GOV’s dividend yield of 6.9% at December 31, 2013 is above the REIT sector average.
  • Capacity for growth.
    GOV has a $550 million credit facility to use for acquisitions. 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 December 31, 2013, we owned approximately $1.8 billion of office properties with more than 10 million square feet located in 31 states and Washington, D.C.

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Investor Presentation

Recent News

04/16/2014

Government Properties Income Trust First Quarter Conference Call Scheduled for Wednesday, April 30th


04/08/2014

Government Properties Income Trust Announces Quarterly Common Dividend


02/28/2014

Government Properties Income Trust Announces Record Date for 2014 Annual Meeting of Shareholders


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