• NYSE: GOV...$23.49...Quarterly Dividend:$0.43...Yield:7.32%
    
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  • Unique focus on government tenants.
    For the quarter ended September 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 September 30, 2014, GOV’s tenant occupancy was 95.4% and its weighted average remaining lease term (based on annualized rents) was approximately 4.8 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 September 30, 2014 was approximately 45%.
  • Consistent cash distribution.
    GOV’s dividend yield of 7.9% at September 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 September 30, 2014, we owned approximately $2.0 billion of office properties with more than 11 million square feet located in 31 states and Washington, D.C.

Featured Properties





   

Investor Presentation

Recent News

11/24/2014

Government Properties Income Trust Improves Liquidity by Entering $1.3 Billion of New Unsecured Revolving Credit and Term Loan Facilities


10/30/2014

Government Properties Income Trust Announces 2014 Third Quarter Results


10/16/2014

Government Properties Income Trust Third Quarter Conference Call Scheduled for Thursday, October 30th


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