Welcome to our dedicated page for Copt Defense Properties news (Ticker: CDP), a resource for investors and traders seeking the latest updates and insights on Copt Defense Properties stock.
COPT Defense Properties (NYSE: CDP) is a self-managed real estate investment trust (REIT) that concentrates on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions. Branded as its Defense/IT Portfolio, this specialized platform serves the U.S. Government and defense contractors engaged in priority national security activities and requiring high security, mission-critical property enhancements.
The COPT Defense news stream highlights developments that shape this Defense/IT-focused real estate platform. Readers can follow announcements about build-to-suit leases for high-security facilities, such as new projects in San Antonio, Texas, and at 4400 River Road in the University of Maryland’s Discovery District in College Park, Maryland. News items also cover portfolio performance, including vacancy leasing achievements measured in hundreds of thousands of square feet, high leased percentages across the Defense/IT Portfolio, and tenant retention trends.
In addition to leasing and development activity, COPT Defense news includes updates on acquisitions, such as the purchase of Stonegate I in Chantilly, Virginia, a Class A office building fully occupied by a top 20 U.S. Government defense contractor. Capital markets and financing actions are also reported, including the pricing and issuance of senior notes and amendments to the company’s revolving credit facility and term loan.
Investors and analysts monitoring CDP news can use this page to review press releases on quarterly results, guidance updates, dividend declarations, conference call details, and other material events disclosed through Business Wire and SEC-referenced communications. For those focused on defense-related real estate and REITs, the COPT Defense news feed provides ongoing insight into how the company’s Defense/IT Portfolio evolves through leasing, development, acquisitions and capital allocation decisions.
COPT Defense (NYSE: CDP) said President & CEO Stephen E. Budorick will present at J.P. Morgan’s 2026 Industrials Conference on March 17, 2026 at 5:00 p.m. ET in Washington, D.C.
A live audio webcast and presentation materials will be available on the company’s Investor Relations News & Events – IR Calendar page. As of December 31, 2025, the Defense/IT Portfolio totaled 201 properties (23.2 million sq ft; 96.5% leased), including 24 properties held in unconsolidated joint ventures.
COPT Defense (NYSE: CDP) said President & CEO Stephen E. Budorick will present at Citi’s 2026 Global Property CEO Conference on March 2, 2026 at 3:35 p.m. ET in Hollywood, Florida. A live audio webcast and presentation materials will be available on the company investor website.
As of December 31, 2025, the company reported a Defense/IT Portfolio of 201 properties, 23.2 million square feet, and 96.5% leased.
COPT Defense (NYSE: CDP) declared a quarterly dividend of $0.32 per share for Q1 ending March 31, 2026, payable April 15, 2026 to shareholders of record on March 31, 2026. The dividend is annualized at $1.28 per share and represents a 4.9% increase (+$0.015) versus the prior quarterly payout.
The company reported a Defense/IT Portfolio of 201 properties (including 24 in joint ventures), totaling 23.2 million sq ft and 96.5% leased as of December 31, 2025.
COPT Defense (NYSE: CDP) established 2026 guidance: EPS $1.21–$1.29 and FFOPS (Nareit, as adjusted) $2.71–$2.79. 1Q26 guidance: EPS $0.30–$0.32 and FFOPS $0.67–$0.69. Management cites Same Property cash NOI growth, developments placed into service, recent acquisitions, and higher financing costs as drivers.
Key 2026 assumptions include Same Property cash NOI change of 2.0%–3.0% (midpoint 2.5%), year-end occupancy ~93.5%–94.5% (midpoint 94.0%), consolidated interest expense $94M (midpoint), and ~ $200M–$250M planned development/acquisition capital.
COPT Defense (NYSE: CDP) reported strong full-year 2025 results with FFO per share, as adjusted, of $2.72 (up 5.8% vs. 2024) and EPS of $1.34. Same Property cash NOI rose 4.1% year-over-year. Total portfolio occupancy was 94.0% and leased rate 95.3%. The company executed 3.1 million SF of leasing in 2025 and committed $278 million to five new investments that are 81% pre-leased. Capital actions included issuance of $400 million 4.50% senior notes due 2030 and amendments increasing the revolver to $800 million. Net debt to in-place adjusted EBITDA was 5.9x and weighted average effective interest rate was 3.5% (including swaps).
COPT Defense (NYSE: CDP) executed a 148,000 square foot lease with a top‑10 U.S. defense contractor at 400 National Business Parkway, near Fort George G. Meade, for a term of nearly 11 years that is expected to commence in Q4 2026. This raises the company's 882,000 square foot development pipeline to 86% leased.
As of September 30, 2025, the Defense/IT Portfolio comprised 198 properties totaling 22.6 million sq ft and was 97.0% leased. The lease adds mission‑critical tenancy aligned with the company's focus on properties proximate to U.S. government defense installations.
COPT Defense (NYSE: CDP) announced the 2025 tax characterization of its common share distributions. Four quarterly distributions of $0.3050 each total $1.2200 per share, all allocated to 2025 for tax purposes.
Of the $1.2200, $1.1904 is taxable ordinary dividend, $0.0296 is total capital gain distribution, and no return of capital was reported. The 12/31/2025 record-date payment (paid 1/15/2026) is also allocated to 2025.
COPT Defense (NYSE: CDP) announced the passing of former CEO and trustee Roger A. Waesche, Jr., who served the company for over 30 years and led as CEO from 2011–2016. He originated the Strategic Reallocation Program that concentrated the portfolio in the Defense/IT sector, reduced leverage and helped secure an investment‑grade credit rating. As of Sept 30, 2025 the Defense/IT Portfolio totaled 198 properties (22.6M sq ft) and was 97.0% leased. Mr. Waesche is remembered for his leadership, mentorship and long service to the company.
COPT Defense (NYSE: CDP) executed a build-to-suit lease in December 2025 for a 132,000 sq ft high-security facility in San Antonio with an anticipated $88 million capital commitment; construction is expected to begin in Q3 2026 and rent commencement is expected in Q4 2027. In 2025 the company committed $277 million to five new Defense/IT investments totaling 640,000 sq ft, exceeding its increased guidance range of $225–$275 million. As of Sept 30, 2025, the Defense/IT Portfolio totaled 22.6 million sq ft and was 97.0% leased.
COPT Defense (NYSE: CDP) completed 557,000 square feet of vacancy leasing in 2025 with a weighted-average lease term of about 7.5 years, exceeding the company’s initial target by nearly 40%. Targets were raised from 400,000 to 450,000 and then to 500,000 square feet during 2025; actual leasing exceeded the third-quarter projection by 57,000 sq ft (11%). The activity represented 47% of unleased space at the start of 2025. Leasing included 424,000 sq ft in the Defense/IT Portfolio and 125,000 sq ft in Other (the highest Other-segment level in over a decade). As of Sept 30, 2025 the Defense/IT Portfolio totaled 22.6 million sq ft and was 97.0% leased.