FFO Per Share Growth, 2025 Guidance
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record tenant retention rateGuruFocus | Stock Market Research, Data and Tools
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Business & Economics
COPT Defense Properties (CDP) Q4 2024 Earnings Call Highlights: Record Tenant Retention and ...

85% Informative
COPT Defense Properties ( NYSE : CDP ) achieved a record tenant retention rate of 86% in 2024 , the highest in over 20 years .
FFO per share as adjusted for comparability was $ 2.56 , exceeding the midpoint of initial guidance by $ 0.06 .
Occupancy levels slightly decreased by 60 basis points year over year due to strategic accumulation of inventory.
The company committed $212 million to new investments, including its first building acquisitions since 2015 .
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