24.09.2007 12:00:00
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Corporate Office Properties Trust Announces Third Quarter 2007 Earnings Conference Call
Corporate Office Properties Trust (COPT) (NYSE:OFC) will report
financial results for the third quarter 2007 after the market close on
Monday, November 5, 2007. Please join Randall M. Griffin, President and
Chief Executive Officer, Roger A. Waesche, Jr., Executive Vice President
and Chief Operating Officer, Stephen E. Riffee, Executive Vice President
and Chief Financial Officer, and Mary Ellen Fowler, Vice President and
Treasurer, for a conference call and live webcast on Tuesday, November
6, 2007 at 11:00 a.m. Eastern Time to discuss these results.
Conference Call and Webcast
Date: Tuesday, November 6, 2007
Time: 11:00 a.m. Eastern Time
Telephone Number: 800-638-5439
Passcode: 23616751
Please dial into the conference 5 to 10 minutes before the start of the
call. A replay of this call will be available beginning Tuesday,
November 6, 2007 at 2:00 p.m. Eastern Time through Tuesday, November 20,
2007 at midnight Eastern Time. To access the replay, please call
888-286-8010 and use passcode 27041914.
The conference call will also be available via live webcast in the
Investor Relations section of the Company’s
website at www.copt.com. A replay of
the conference call will be immediately available via webcast in the
Investor Relations section of the Company’s
website.
Company Information
Corporate Office Properties Trust (COPT) is a fully integrated,
self-managed real estate investment trust (REIT) that focuses on the
ownership, management, leasing, acquisition and development of suburban
office properties located primarily in submarkets within the Greater
Washington, DC region. As of June 30, 2007, the Company owned 247 office
properties totaling 18.5 million rentable square feet, which
includes 18 properties totaling 806,000 square feet held through joint
ventures. The Company has implemented a core customer expansion strategy
that is built around meeting, through acquisitions and development, the
multi-location requirements of the Company’s
existing strategic tenants. The Company’s
property management services team provides comprehensive property and
asset management to company owned properties and select third party
clients. The Company’s development and
construction services team provides a wide range of development and
construction management services for company owned properties, as well
as land planning, design/build services, consulting, and merchant
development to select third party clients. The Company’s
shares are traded on the New York Stock Exchange under the symbol OFC.
More information on Corporate Office Properties Trust can be found on
the Internet at www.copt.com.
Forward-Looking Information This press release may contain "forward-looking”
statements, as defined in Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, that are based on
the Company’s current expectations, estimates
and projections about future events and financial trends affecting the
Company. Forward-looking statements can be identified by the use
of words such as "may”,
"will”, "should”,
"expect”, "estimate”
or other comparable terminology. Forward-looking statements are
inherently subject to risks and uncertainties, many of which the Company
cannot predict with accuracy and some of which the Company might not
even anticipate. Accordingly, the Company can give no assurance
that these expectations, estimates and projections will be achieved. Future
events and actual results may differ materially from those discussed in
the forward-looking statements. Important factors that may affect these expectations, estimates, and
projections include, but are not limited to: the Company’s ability to borrow on
favorable terms; general economic and business conditions, which will, among other
things, affect office property demand and rents, tenant
creditworthiness, interest rates and financing availability; adverse changes in the real estate markets including, among other
things, increased competition with other companies; risk of real estate acquisition and development, including, among
other things, risks that development projects may not be completed on
schedule, that tenants may not take occupancy or pay rent or that
development or operating costs may be greater than anticipated; risks of investing through joint venture structures, including
risks that the Company’s joint venture
partners may not fulfill their financial obligations as investors or
may take actions that are inconsistent with the Company’s
objectives; our ability to satisfy and operate effectively under federal income
tax rules relating to real estate investment trusts and partnerships; governmental actions and initiatives; and environmental requirements. The Company undertakes no obligation to update or supplement any
forward-looking statements. For further information, please refer
to the Company’s filings with the Securities
and Exchange Commission, particularly the section entitled "Risk
Factors” in Item 1 of the Company’s
Annual Report on Form 10-K for the year ended December 31, 2006.
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