Investor Presentaiton
OFFICE PROPERTIES
INCOME TRUST
ACQUISITIONS FUNDED BY STRATEGIC ASSET SALES
As a result of achieving our target leverage during the third quarter of 2019, OPI has transitioned
its principal focus to acquiring core properties with proceeds from asset sales, or our strategic
capital recycling program.
Acquisition Criteria
Focused on acquiring office properties in markets that have strong
economic fundamentals to support rent growth.
1 Properties primarily leased to single tenants.
Strategic to the tenant, which may include: built-to-suit
properties, corporate headquarters and properties where
tenants have invested meaningful capital.
Minimum remaining lease term of seven years.
2 Properties leased to government tenants.
Single tenant and multi-tenant.
Focus on agencies that have high security needs or a mission
strategic to the properties' location.
3 Primarily first generation properties where there is a reasonably
high probability of renewing the tenant in place and where ongoing
capital needs are expected to be modest.
Expected Benefits
✓ Reducing the average age of
our property portfolio.
✓ Lengthening the weighted
average term of our leases.
✓ Increasing the likelihood of
retaining our tenants.
Reshaping the tenant and
geographic diversification of
our property portfolio.
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