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OPI - Earnings announcements
Office Properties Income Trust (OPI) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for OPI
- Office Properties Income Trust Announces Second Quarter 2025 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended June 30, 2025, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250730230577/en/ A conference call discussing OPI's second quarter results will be held on Thursday, July 31, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be ava
- Office Properties Income Trust Second Quarter 2025 Conference Call Scheduled for Thursday, July 31stOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its second quarter 2025 financial results after the Nasdaq closes on Wednesday, July 30, 2025. On Thursday, July 31, 2025 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877)-328-1172. Participants calling from outside the United States and Canada should dial (412)-317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled sta
- Office Properties Income Trust Announces First Quarter 2025 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430691761/en/ A conference call discussing OPI's first quarter results will be held on Thursday, May 1, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be availa
- Office Properties Income Trust First Quarter 2025 Conference Call Scheduled for Thursday, May 1stOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its first quarter 2025 financial results after the Nasdaq closes on Wednesday, April 30, 2025. On Thursday, May 1, 2025 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877)-328-1172. Participants calling from outside the United States and Canada should dial (412)-317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start
- Office Properties Income Trust Announces Fourth Quarter 2024 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended December 31, 2024, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213728340/en/ A conference call discussing OPI's fourth quarter results will be held on Friday, February 14, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will
- Office Properties Income Trust Fourth Quarter 2024 Conference Call Scheduled for Friday, February 14thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq closes on Thursday, February 13, 2025. On Friday, February 14, 2025 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877)-328-1172. Participants calling from outside the United States and Canada should dial (412)-317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the schedule
- Office Properties Income Trust Announces Third Quarter 2024 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030994497/en/ A conference call discussing OPI's third quarter results will be held on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will
- Office Properties Income Trust Third Quarter 2024 Conference Call Scheduled for Thursday, October 31stOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Wednesday, October 30, 2024. On Thursday, October 31, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled
- Office Properties Income Trust Announces Second Quarter 2024 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731868631/en/ A conference call discussing OPI's second quarter results will be held on Thursday, August 1, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be av
- Office Properties Income Trust Second Quarter 2024 Conference Call Scheduled for Thursday, August 1stOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Wednesday, July 31, 2024. On Thursday, August 1, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled st
- Office Properties Income Trust Announces First Quarter 2024 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240501530330/en/ A conference call discussing OPI's first quarter results will be held on Thursday, May 2, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be avail
- Office Properties Income Trust First Quarter 2024 Conference Call Scheduled for Thursday, May 2ndOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq closes on Wednesday, May 1, 2024. On Thursday, May 2, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of
- Office Properties Income Trust Announces Fourth Quarter 2023 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240215043639/en/ A conference call to discuss OPI's fourth quarter results will be held on Friday, February 16, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will
- Office Properties Income Trust Fourth Quarter 2023 Conference Call Scheduled for Friday, February 16thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq closes on Thursday, February 15, 2024. On Friday, February 16, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the schedule
- Office Properties Income Trust Announces Third Quarter 2023 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended September 30, 2023, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231030875540/en/ A conference call to discuss OPI's third quarter results will be held on Tuesday, October 31, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will
- Office Properties Income Trust Third Quarter 2023 Conference Call Scheduled for Tuesday, October 31stOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its third quarter 2023 financial results after the Nasdaq closes on Monday, October 30, 2023. On Tuesday, October 31, 2023 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the sch
- Office Properties Income Trust Announces Second Quarter 2023 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended June 30, 2023, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726998963/en/ A conference call to discuss OPI's second quarter results will be held on Thursday, July 27, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be ava
- Office Properties Income Trust Second Quarter 2023 Conference Call Scheduled for Thursday, July 27thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes on Wednesday, July 26, 2023. On Thursday, July 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the sch
- Flat Footed LLC Files Preliminary Proxy Statement Opposing Diversified Healthcare Trust's Proposed Merger with Office Properties Income TrustAnnounces Intent to Solicit Proxies AGAINST the Proposed Merger with OPI, Which Dramatically Undervalues DHC and Enriches the Conflicted External Manager, RMR Group, at DHC Shareholders' Expense Believes There are Vastly Superior Alternatives to Address the Company's Near-Term Debt Maturities and Ultimately Maximize Value for DHC Stakeholders Flat Footed LLC (together with its affiliates, "FFL" or "we") is a top shareholder of Diversified Healthcare Trust (NASDAQ:DHC) ("DHC" or the "Company") and the owner of approximately 9.4% of the outstanding common shares of the Company. Today, FFL announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission
- Flat Footed LLC Sends Letter to Diversified Healthcare Trust's Board of Trustees Regarding Its Opposition to the Merger with Office Properties Income TrustAnnounces Intent to Vote AGAINST the Proposed Merger, Given This Value-Destructive Transaction Would Benefit OPI and the REITs' Conflicted External Manager, RMR Group, at the Direct Expense of DHC's Shareholders and Other Stakeholders Highlights Many Superior Alternatives Exist, Including Targeted Asset Sales to Pay Down Near-Term Debt and Provide a Runway for Long-Term Value Creation Sees DHC's Highly Valuable Senior Housing Property Assets as a Catalyst for Growth and Believes the Company Should be Trading Between $9 and $10 Per Share, Based on Peer and Transaction Multiples for Its Constituent Divisions and Assets Flat Footed LLC (together with its affiliates, "FFL") owns approxima
- Office Properties Income Trust Announces First Quarter 2023 ResultsOffice Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230426005940/en/ A conference call to discuss OPI's first quarter results will be held on Thursday, April 27, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be av
- Office Properties Income Trust First Quarter 2023 Conference Call Scheduled for Thursday, April 27thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Wednesday, April 26, 2023. On Thursday, April 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the sc
- Office Properties Income Trust and Diversified Healthcare Trust Announce Agreement to Merge in All-Share TransactionCreates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Gains Access to an Attractive Portfolio of Medical Office and Life Science Properties and Provides Access to National, Private Pay Senior Living Communities Benefitting from Strategic Turnaround Expected to be Accretive to OPI Normalized Funds from Operations (NFFO) and Cash Available for Distribution (CAD) in the Second Half of 2024 OPI Board Expects to Set Stabilized Distribution Rate to be Funded by More Diversified Income Sources Joint Conference Call Today 8:30 a.m. Eastern Time Office Properties Income Trust (NASDAQ:OPI) today announced that it has entered into a definitive
- Diversified Healthcare Trust and Office Properties Income Trust Announce Agreement to Merge in All-Share TransactionCreates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Ensures Immediate Debt Covenant Compliance, Enhances Access to Capital and Financial Flexibility to Execute the SHOP Recovery and Capital Plan, and Enables the Refinancing of 2024 Debt Maturities DHC Shareholders to Receive 0.147 Shares of OPI Common Stock for Each Share of DHC Stock; Represents Implied Premium of 20% to DHC's 30-Trading Day Average Closing Price DHC Shareholders to Benefit from OPI's Attractive Distribution; a 267% Increase as Compared to DHC's Current Distribution Joint Conference Call Today at 8:30 a.m. Eastern Time Diversified Healthcare Trust (NASDAQ:DHC) toda
- Office Properties Income Trust Announces Fourth Quarter 2022 ResultsNet Income of $6.4 Million, or $0.13 Per Share Normalized FFO of $54.5 Million, or $1.13 Per Share Leased 705,000 Square Feet with a 10.1 Year Weighted Average Lease Term 2022 Annual Leasing Activity Yielded a 5.6% Roll Up in Rents Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended December 31, 2022. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "OPI delivered strong fourth quarter results despite an evolving office landscape and rapidly changing economic conditions. Leasing volume totaled 705,000 square feet, resulting in our highest quarterly leasing activity in three years, net i
- Office Properties Income Trust Fourth Quarter 2022 Conference Call Scheduled for Thursday, February 16thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Wednesday, February 15, 2023. On Thursday, February 16, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to
- Office Properties Income Trust Announces Third Quarter 2022 ResultsNet Income of $17.0 Million, or $0.35 Per Share Normalized FFO of $53.8 Million, or $1.11 Per Share Leased 606,000 Square Feet with a 21.6% Roll-up in Rents and a 7.2 Year Weighted Average Lease Term Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended September 30, 2022. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "OPI reported a strong third quarter in a rapidly changing economic environment, with continued same property cash basis NOI growth. We completed 606,000 square feet of new and renewal leasing during the quarter, including a new lease for approximately 84,000 square feet t
- Office Properties Income Trust Third Quarter 2022 Conference Call Scheduled for Friday, October 28thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Thursday, October 27, 2022. On Friday, October 28, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the sc
- Office Properties Income Trust Announces Second Quarter 2022 ResultsNet Loss of $16.1 Million, or $0.33 Per Share Normalized FFO of $58.9 Million, or $1.22 Per Share CAD of $37.8 Million, or $0.78 Per Share Same Property Cash Basis NOI Increased 1.0% Leased 679,000 Square Feet with a 4.9% Roll-up in Rents and a 9.2 Year Weighted Average Lease Term Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended June 30, 2022. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "Solid financial growth, strong leasing momentum and continued execution on our capital recycling plans highlight OPI's second quarter. Normalized FFO and same property cash basis NOI exceeded b
- Office Properties Income Trust Second Quarter 2022 Conference Call Scheduled for Friday, July 29thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Thursday, July 28, 2022. On Friday, July 29, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the schedul
- Office Properties Income Trust Announces First Quarter 2022 ResultsNet Loss of $13.4 Million, or $0.28 Per Share Normalized FFO of $62.7 Million, or $1.30 Per Share CAD of $51.0 Million, or $1.06 Per Share Leased 572,000 Square Feet with a 5.1% Roll-up in Rents and a 10.7 Year Weighted Average Term Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended March 31, 2022. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "OPI's first quarter results demonstrated continued positive momentum across our business. We completed 572,000 square feet of new and renewal leasing with a 5.1% weighted average roll up in rent and a more than 10 year weighted average lease
- Office Properties Income Trust First Quarter 2022 Conference Call Scheduled for Friday, April 29thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Thursday, April 28, 2022. On Friday, April 29, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the schedu
- Office Properties Income Trust Announces Fourth Quarter 2021 ResultsFourth Quarter Net Income of $16.9 Million, or $0.35 Per Share Fourth Quarter Normalized FFO of $58.1 Million, or $1.20 Per Share Fourth Quarter CAD of $42.6 Million, or $0.88 Per Share Leased 702,000 Square Feet with a 4.0% Roll-up in Rents Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended December 31, 2021. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "OPI reported fourth quarter results that reflect strong leasing momentum, solid financial performance and steady execution of our capital recycling strategy. We completed 702,000 square feet of new and renewal leasing with a weigh
- Office Properties Income Trust Fourth Quarter 2021 Conference Call Scheduled for Thursday, February 17thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Wednesday, February 16, 2022. On Thursday, February 17, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to
- Office Properties Income Trust Third Quarter 2021 Conference Call Scheduled for Friday, October 29thOffice Properties Income Trust (NASDAQ:OPI) today announced that it will issue a press release containing its third quarter 2021 financial results after the Nasdaq closes on Thursday, October 28, 2021. On Friday, October 29, 2021 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (877) 328-1172. Participants calling from outside the United States and Canada should dial (412) 317-5418. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to th
- Office Properties Income Trust Announces First Quarter 2021 ResultsFirst Quarter Net Income of $37.9 Million, or $0.78 Per Share First Quarter Normalized FFO of $61.8 Million, or $1.28 Per Share First Quarter CAD of $47.7 Million, or $0.99 Per Share Completed 575,000 Square Feet of Leasing for a 3.2% Roll-up in Rents Office Properties Income Trust (NASDAQ:OPI) today announced its financial results for the quarter ended March 31, 2021. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: "We entered 2021 following strong performance in 2020 and continued that trend through the first quarter as evidenced by our increased liquidity and positive leasing results. Rent collections remained strong over the past ye
- Office Properties Income Trust Announces Fourth Quarter and Year End 2020 ResultsNEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter and year ended December 31, 2020. Christopher Bilotto, President and Chief Operating Officer of OPI, made the following statement: “We are pleased with OPI’s continued solid performance throughout 2020. Fourth quarter Normalized FFO per share and Same Property Cash Basis NOI growth both exceeded expectations and CAD increased by 6.5% year over year. Monthly rent collections continued to average approximately 99% through the fourth quarter and we have collected nearly 79% of granted rent deferrals. Our leasing activity showed solid performance throughou