COPT Defense Properties 2023 AR2
The report highlights COPT Defense Properties' 2023 performance, marking its 25th anniversary as a public company and a strategic name change from Corporate Office Properties Trust. The company achieved a total portfolio occupancy of 94.2% and a 79.7% tenant retention rate, driven by strong demand in its Defense/IT Portfolio. Sustainability achievements included earning a ninth consecutive GRESB Green Star award and placing two LEED-targeted development projects into service. The company also successfully issued $345 million in exchangeable senior notes to fund future development through 2026.
Company: COPT Defense Properties
Sector: Real Estate
Country: United States
Year: 2023
Type: AR2
Pages: 100
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COPT Defense Properties
Annual Report
The report highlights COPT Defense Properties' 2023 performance, marking its 25th anniversary as a public company and a strategic name change from Corporate Office Properties Trust. The company achieved a total portfolio occupancy of 94.2% and a 79.7% tenant retention rate, driven by strong demand in its Defense/IT Portfolio. Sustainability achievements included earning a ninth consecutive GRESB Green Star award and placing two LEED-targeted development projects into service. The company also successfully issued $345 million in exchangeable senior notes to fund future development through 2026.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees