A Government Properties Income Trust holding.
NEWTON, MASS–Two REITs — Government Properties Income Trust and Select Income REIT — have entered a definitive agreement to merge to create a single REIT that will focus on the office asset class.
The company will change its name to Office Properties Income Trust, or OPI, and it will continue to be managed by the operating subsidiary of The RMR Group Inc.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
