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Office Properties Income Trust (OPI)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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2.4500+0.0100 (+0.41%)
At close: 04:00PM EDT
2.5184 +0.07 (+2.79%)
After hours: 04:12PM EDT

Office Properties Income Trust

Two Newton Place
255 Washington Street, Suite 300
Newton, MA 02458-1634
United States
617 219 1440
https://www.opireit.com

Sector(s)Real Estate
IndustryREIT - Office
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Brian E. DonleyCFO & Treasurer3.33kN/A1976
Ms. Jennifer Babbin ClarkSecretary & Managing TrusteeN/AN/A1961
Ms. Yael DuffyPresident & COON/AN/A1980
Kevin BarryDirector of Investor RelationsN/AN/AN/A
Ms. Olivia SnyderManager of Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA.

Corporate governance

Office Properties Income Trust’s ISS governance QualityScore as of 1 July 2024 is 7. The pillar scores are Audit: 8; Board: 9; Shareholder rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.