COPT Defense Properties achieved excellent results in Q4 2025, with diluted EPS of $0.33 and diluted FFO per share (as adjusted for comparability) of $0.70. The company executed 735,000 square feet of total leasing, including 336,000 square feet of renewals and 125,000 square feet of vacancy leasing. The total portfolio was 94.0% occupied and 95.3% leased.
COPT Defense Properties delivered a strong third quarter in 2025, with diluted EPS of $0.37 and FFO per share, as adjusted for comparability, of $0.69, surpassing guidance. The company achieved a 4.6% increase in Same Property Cash NOI and maintained high occupancy and leased rates across its portfolio, particularly within its Defense/IT segment. Leasing activity outperformed expectations, leading to increased full-year guidance for several key metrics.
COPT Defense delivered robust Q2 2025 results, including higher EPS and FFO per share. Occupancy and leasing levels remained high, and the company raised its full-year guidance due to outperformance across key operational metrics.
COPT Defense Properties delivered strong first quarter 2025 results, meeting the midpoint of FFO per share guidance and achieving 4.8% year-over-year FFO per share growth. The Defense/IT portfolio maintained high occupancy and leased levels, and same property cash NOI increased by 7.1%. The company reiterated its full-year FFO per share guidance midpoint, implying 3.5% growth.
COPT Defense Properties reported strong full-year 2024 results, with EPS of $1.23 and FFO per share, as adjusted for comparability, of $2.57, representing a 6.2% increase over 2023. The company exceeded leasing goals, achieving 3.2 million SF in total leasing and a tenant retention rate of 86%, the highest in over 20 years.
COPT Defense Properties reported strong third quarter 2024 results, with FFO per share exceeding the midpoint of guidance. The company increased the midpoint of 2024 FFO per share guidance by $0.01 to $2.57, implying 6.2% FFO per share growth for the year. Same property cash NOI increased 9.4% and tenant retention was strong.
COPT Defense Properties reported strong second quarter results, with FFO per share exceeding guidance. The company increased its full-year FFO per share guidance by $0.02 to $2.56, implying nearly 6% year-over-year growth. Same property cash NOI increased 10.9%, and the company raised guidance for same property cash NOI growth and year-end occupancy.
COPT Defense Properties reported strong first quarter results, exceeding FFO per share guidance, increasing the midpoint of 2024 FFO per share guidance by $0.03 to $2.54, and demonstrating strong internal growth with same property cash NOI increasing by 6.1% for the Total Portfolio and 7.6% for the Defense/IT Portfolio. The company also committed $91 million of capital to new investments and acquired Franklin Center in Columbia Gateway for $15 million.
COPT Defense Properties reported strong Q4 and full year 2023 results, driven by the solid performance of its Defense/IT portfolio. The Defense/IT Portfolio was 96.2% occupied and 97.2% leased at year end. Same property cash NOI increased 5.7%, the highest reported level in over 15 years, while cash rent spreads on renewals were the highest since 2008. The Company placed into service 848,000 square feet of developments that were 98% leased.
COPT Defense Properties reported solid third quarter results, driven by strong leasing activity and the continued success of its Defense/IT investment strategy. FFO per share was at the midpoint of guidance, and the company raised its full-year same property cash NOI growth guidance. The Defense/IT Portfolio was 97.0% leased, the highest since 2015.
COPT reported strong second quarter results, with FFO per share exceeding the midpoint of guidance. The company increased its full-year FFO per share guidance and same-property cash NOI guidance, driven by elevated tenant demand and solid execution.
COPT's first quarter results exceeded expectations, with FFO per share surpassing the high-end of guidance. The company's Defense/IT investment strategy continues to drive solid results, as evidenced by the high leased rate in the Defense/IT segment. Strong leasing activity and increased same-property cash NOI contributed to the positive performance. Management is maintaining the midpoint of full year guidance at $2.38 per share.
COPT reported strong Q4 2022 results, driven by its Defense/IT investment strategy. The company's FFO per share, as adjusted for comparability, grew by 3% in 2022, exceeding initial guidance. COPT executed significant vacancy leasing and maintained a solid balance sheet.
COPT's Defense/IT investment strategy continues to produce strong results, with third quarter FFOPS of $0.58 at the midpoint of guidance. Leasing during the quarter was exceptional, achieving the highest level of vacancy leasing in over a decade and renewing over 92% of expiring leases. The company closed new Revolving Credit Facility and Term Loan that extends these maturities to 2027 and 2028.
COPT reported second quarter results with EPS of $0.29 and FFO per share of $0.59, as adjusted for comparability. The company raised the midpoint of its full-year guidance for FFOPS, as adjusted for comparability, by 1-cent to $2.35, implying 2.6% growth.
COPT's first quarter results exceeded guidance, with EPS of $0.52 and FFO per share of $0.58. The company's strategy of prioritizing capital allocation and leasing efforts at its Defense/IT Locations continues to produce strong, reliable results. Same-property cash NOI increased 1.2% during the quarter.
COPT's Q4 2021 results demonstrated strong performance, exceeding expectations with solid same-property cash NOI growth and strong leasing achievement. The unique investment strategy allocated capital to Defense/IT Locations continued to produce strong results. The company's balance sheet is strong and inflation-protected.
COPT reported a strong third quarter, driven by demand for its Defense/IT Locations. The company raised its full-year guidance for FFO per share, as adjusted for comparability, to $2.27, representing 7.1% growth over 2020.
COPT's Q2 2021 results showed a diluted EPS of $0.38 and FFO per share, as adjusted for comparability, of $0.58, which was 1 cent above the high-end of guidance. Same-property cash NOI increased 2.4%, outperforming guidance. The company is raising the midpoint of its full-year guidance for FFO per share, as adjusted for comparability, from $2.22 to $2.26, representing 6.6% growth over 2020.
COPT reported a loss of $0.06 per share, but FFO per share, as adjusted for comparability, was $0.56, at the high end of guidance. Same-property cash NOI decreased 2.7%. The company raised its full-year guidance for FFO per share, as adjusted for comparability, to a new midpoint of $2.22, representing 4.7% growth over 2020 results.
COPT reported a strong year despite COVID-19 challenges, with operations minimally impacted, as evidenced by a 99.7% rent collection rate. The company exceeded guidance for both fourth quarter and full-year FFO per share, adjusted for comparability. A record 1.8 million square feet of fully leased developments were placed in service, and the company executed 1 million square feet of new development leasing.
COPT reported a strong third quarter, exceeding the high-end of its guidance for FFO per share and same-property cash NOI. Solid demand in Defense/IT Locations supported strong development leasing, and tenant retention is on track for a 20-year record. The company is raising its full-year guidance for FFO per share, as adjusted for comparability, by 2 cents at the mid-point, to $2.09.
COPT reported strong second quarter results, with FFO per share exceeding the high-end of their guidance range by 1-cent. Cost savings and the timing of repair and maintenance costs more than offset the reserves they took on tenants impacted by the shutdowns and drove same-property cash NOI growth of 1.7%.
COPT reported solid first quarter results, with FFO per share, as adjusted for comparability, exceeding the high end of their guidance range. The COVID-19 pandemic had minimal impact on operations. To create capacity for unknown impacts, the mid-point of 2020 guidance for FFO per share, as adjusted for comparability, was lowered by one cent, to $2.07.
COPT reported strong demand throughout Defense/IT Locations, translating into record leasing for new developments and near-record leasing with the U.S. Government. 2.2 million square feet of development leasing exceeded the prior annual record. The company is positioned to deliver 1.5%-3.5% FFO per share growth in 2020, and robust FFO growth in 2021.