Easterly Government Properties Reports Fourth Quarter and Full Year 2023 Results
Retrieved on:
Martedì, Febbraio 27, 2024
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, CBP, JUD, Radiology, Sale, Tenant, Unitary state, LEED, Transport, GSA, Jules Kroll, Employment Development Department, District court, Veteran, Water, Partnership, BBB, DHS, Retirement, ESG, City, Trust, GHG, Acquisition, Government agency, Quarter, Pathology, FDA, Food, DEA, District Courthouse, Government, Lead, Greenhouse gas, TSA, Executive, Security (finance)
Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter and full year ended December 31, 2023.
Key Points:
- Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter and full year ended December 31, 2023.
- In addition, the Company wholly owned one property under re-development that the Company expects will encompass approximately 0.2 million rentable square feet upon completion.
- As of December 31, 2023, the portfolio had a weighted average age of 14.6 years, based upon the date properties were built or renovated-to-suit, and had a weighted average remaining lease term of 10.5 years.
- On February 21, 2024, the Board of Directors of Easterly approved a cash dividend for the fourth quarter of 2023 in the amount of $0.265 per common share.