Investor Presentaiton
OFFICE PROPERTIES
INCOME TRUST
OPI BENEFITS FROM ITS RELATIONSHIP WITH RMR
Provides OPI with scale and efficiencies.
• OPI has no employees; RMR provides all the employees.
•
RMR's acquisitions team sees a substantial number of properties
marketed for sale in every market across the United States.
• RMR can attract very strong real estate professionals (acquisitions,
asset management, property management, finance, accounting, etc.)
because of the size of the portfolios for which they will be responsible.
• RMR provides job growth opportunities for employees which is a
benefit when hiring in a tight job market.
• RMR property management employees focus only on assets managed
•
by RMR, with no conflicting responsibilities for other owners.
OPI benefits from the scale of a $32.8 billion platform. Examples:
O Centralized procurement.
О
Centralized services.
О
Banking and capital markets.
OPI's G&A as a percent of total assets compares
favorably to its peer group: (1)
1.0%
0.91%
0.80%
0.84%
0.87%
0.8%
0.70%
0.59% 0.61%
0.55%
0.6%
0.4%
0.2%
0.0%
OFC
OPI
FSP
HIW
CXP
PDM
DEA
CIO
(1) Source: Company filings. Data is for the twelve months ended September 30, 2019.
GSA leasing presents a high barrier to entry for many
investors. For OPI, it is an opportunity.
OPI's and RMR's highly qualified team has more than
20 years of experience - We believe that we
understand GSA leasing as well or better than
anyone out there.
Our deep relationships with GSA, tenant agencies
and the brokerage community (capital markets and
leasing) drive value for our shareholders, with:
Better visibility and understanding of agency
needs, funding and long term plans, which
allows us to acquire properties with
knowledge of a high probability of renewal.
。 Significant knowledge and experience with
the GSA's process.
RMR employees serve alongside the GSA on
strategic committees focused on improving
the Lessor/Lessee relationship and leasing
process. Representatives of RMR have a seat
at the table to promote a mutually beneficial
environment.
RMR's development platform can drive value for
GSA growth and retention.
We have the ability to provide strategic
solutions for agencies that need more space
or a new building.
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