COPT Defense Properties traded at $36.71 this Wednesday July 1st, increasing $0.32 or 0.88 percent since the previous trading session. Looking back, over the last four weeks, COPT Defense Properties gained 15.73 percent. Over the last 12 months, its price rose by 30.27 percent. Looking ahead, we forecast COPT Defense Properties to be priced at 35.56 by the end of this quarter and at 33.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
Corporate Office Properties Trust is an integrated and self-managed real estate investment trust (REIT). It owns, manages, leases, develops, and selectively acquires office and data center properties. Its segments include Defense/IT Locations, Regional Office, Wholesale Data Center and other. It has approximately 183 properties totaling approximately 21.1 million square feet comprised of 16.4 million square feet in 157 office properties and approximately 4.7 million square feet in 26 single-tenant data center shell properties. It has approximately 11 properties under development including three partially operational properties. It also has approximately 770 acres of land controlled for future development. It conducts all its operations and own all its assets through an operating partnership, Corporate Office Properties, L.P. (COPLP) and subsidiaries (the Operating Partnership). COPLP owns real estate directly and through subsidiary partnerships and limited liability companies (LLCs).