• NYSE: GOV...$24.74...Quarterly Dividend:$0.43...Yield:6.95%
    
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  • Majority leased to government tenants.
    For the quarter ended March 31, 2014, approximately 72% of GOV’s rental income was generated from properties majority leased to the U.S. Government, 24% 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 26 years. As of March 31, 2014, GOV’s tenant occupancy was 95.1% and its weighted average remaining lease term (based on annualized rents) was approximately 5.1 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 March 31, 2014 was approximately 38%.
  • Consistent cash distribution.
    GOV’s dividend yield of 6.8% at March 31, 2014 is above the office REIT and broader REIT sector 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 March 31, 2014, 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

07/14/2014

Government Properties Income Trust Announces Quarterly Common Dividend


07/09/2014

Government Properties Income Trust Purchases Shares of Select Income REIT


05/29/2014

Government Properties Income Trust to Present at the REITWeek 2014: NAREIT Investor Forum on June 3, 2014


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