• NYSE: GOV...$23.39...Quarterly Dividend:$0.43...Yield:7.35%
    
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  • Unique focus on government tenants.
    For the quarter ended December 31, 2014, approximately 93% of GOV’s rental income was generated from properties majority leased to the U.S. Government, state governments and the United Nations.
  • Stable and safe income stream.
    Government tenants are investment grade rated and tend to occupy leased properties for well over 20 years. As of December 31, 2014, GOV’s tenant occupancy was 94.9% and its weighted average remaining lease term (based on annualized rents) was approximately 4.7 years.
  • Conservative financial profile.
    Government Properties Income Trust has a conservative balance sheet and is investment grade rated (Moody’s: Baa3; S&P: BBB-). In August 2014, GOV issued its inaugural senior unsecured notes and its debt to book capitalization as of December 31, 2014 was approximately 46%.
  • Strong cash distribution.
    GOV’s dividend yield of 7.5% at December 31, 2014 is approximately twice that of its office REIT peer average.
  • Capacity for growth.
    GOV has a $750 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 December 31, 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.

Featured Properties





   

Investor Presentation

Recent News

02/20/2015

Government Properties Income Trust Announces Fourth Quarter and Year End 2014 Results


02/09/2015

Government Properties Income Trust Fourth Quarter Conference Call Scheduled for Friday, February 20th


01/16/2015

Government Properties Income Trust Announces 2014 Dividend Allocation


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