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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 other
tenants with good credit characteristics. We also own approximately
17 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 1990’s we transformed into an
office REIT by selling healthcare assets and buying office buildings. During
this time, we also formed three subsidiary REITs: Hospitality
Properties Trust (HPT), a REIT that owns hotels and travel centers;
Senior Housing Properties Trust (SNH), a REIT that primarily owns
healthcare properties; and Government Properties Income Trust (GOV), a REIT
that primarily owns and leases office buildings that are majority leased to
government tenants. HPT, SNH and GOV became separate public
companies in 1995, 1999 and 2009, 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,
S&P REIT Composite Index and the FTSE EPRA/NAREIT United States Index.
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