| Market Capitalization (Millions $) |
1,305 |
| Shares
Outstanding (Millions) |
74 |
| Employees |
197 |
| Revenues (TTM) (Millions $) |
438 |
| Net Income (TTM) (Millions $) |
-320 |
| Cash Flow (TTM) (Millions $) |
11 |
| Capital Exp. (TTM) (Millions $) |
41 |
Business Description
Office Properties Income Trust (OPI) is a real estate investment trust (REIT) that primarily owns and operates office buildings. It is a publicly traded company that invests in a diversified portfolio of commercial properties, specifically focusing on office buildings located in major U.S. metropolitan areas.
OPI's portfolio comprises a range of high-quality office properties, including both single-tenant and multi-tenant buildings. The company aims to generate stable and predictable cash flows from long-term leases with reputable tenants, such as government agencies, corporations, and professional service firms.
The trust is managed by a team of experienced real estate professionals who oversee property acquisitions, leasing, property management, and other related activities. OPI strives to provide steady and growing income to its investors by maximizing occupancy rates and rental income while efficiently managing operating expenses.
As a REIT, OPI must distribute the majority of its taxable income to shareholders in the form of dividends, which can make it an attractive investment for income-focused investors seeking regular cash payments. Additionally, OPI's shares are publicly traded on major stock exchanges, providing investors with liquidity and the opportunity for capital appreciation.
In summary, Office Properties Income Trust is a REIT that owns and operates office buildings in prominent U.S. markets, generating income through long-term leases with reputable tenants. It offers investors the potential for stable cash flows and the benefits of liquidity and capital appreciation through publicly traded shares.
Company Address: Two Newton Place, Newton, 2458 MA
Company Phone Number: 219-1440 Stock Exchange / Ticker: OPI
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2.09%