How to reach HRPT Properties Trust
Description
HRPT Properties Trust is a real estate investment trust; or REIT; which primarily owns office buildings located throughout the United States. We have a large concentration of properties leased to the U.S. Government and medical related tenants. We also own approximately 18 million square feet of leased commercial and industrial lands located in Oahu; Hawaii. HRP was founded in 1986 and went public on the New York Stock Exchange as a REIT that owned healthcare related properties. In the 1990s we transformed into an office REIT by selling healthcare assets and buying office buildings. During this time; we also formed two subsidiary REITs:Hospitality Properties Trust (HPT); a REIT that owns hotels; and Senior Housing Properties Trust (SNH); a REIT that owns senior living properties. HPT and SNH became separate public companies in 1995 and 1999; respectively. We have been investment grade rated since 1994 and we are included in a number of financial indices; including the Russell 1000; the MSCI US REIT Index; Sand;P REIT Composite Index and the FTSE EPRA/NAREIT United States Index.
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