Investor Presentaiton
Easterly
Government Properties Inc.
Rent Structured to Rise with Inflation
GSA leases include an OpEx base which grows with inflation, protecting the Company
from NOI margin compression
OpEx Base
CPI +1.4% YOY
OpEx Base CPI
Reimbursement
OpEx Base
Real Estate Tax
Increase
Reimbursement
Real Estate Tax
Base
ADJUSTS ANNUALLY
Real Estate Tax
Base
REMAINS FLAT
Shell Rent
YR 1 OF LEASE (2019)
Shell Rent
YR 2 OF LEASE (2020)
ADJUSTS ANNUALLY
REMAINS FLAT
CPI +7.8% YoY
OpEx Base
Real Estate Tax
Base
Shell Rent
YR 3 OF LEASE (2021)
13
NOTE: While CPI figures mentioned on this page reflect actual percentages based on a December base month, this slide is used solely for illustrative purposes and does not reflect any specific property within the Company's portfolio, either wholly owned or through.
the JV. Further, percentage changes as reflected on this page are not to scale and are displayed in these materials for visual illustration.View entire presentation