SIR Select Income REIT

Select Income REIT Announces 19100 Ridgewood Parkway Wins the Building of the Year Award from BOMA/San Antonio

Select Income REIT (Nasdaq: SIR) today announced that its property located at 19100 Ridgewood Parkway in San Antonio, TX won The Building of the Year (TOBY) Award in the Corporate Facility category from Building Owners and Managers Association (BOMA) of San Antonio.

This two-building, LEED Silver, Class A campus located 17 miles north of the San Antonio CBD includes a six-level parking structure, 34,000 square feet of conference room space, a gymnasium, a coffee kiosk and a cafeteria with a full kitchen.

The property is managed by RMR Real Estate Services, a division of The RMR Group LLC. The RMR Group LLC manages Select Income REIT and it is the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR). RMR Real Estate Services is responsible for providing all aspects of property management services to more than 600 buildings with over 65 million square feet of commercial office, industrial, medical office, lab and retail space that are managed by The RMR Group LLC.

About Select Income REIT

Select Income REIT is a real estate investment trust, or REIT, which owns properties that are primarily net leased to single tenants. SIR is managed by The RMR Group LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR) and an alternative asset management company that is headquartered in Newton, MA.

About The RMR Group Inc.

The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate related operating companies. As of December 31, 2016, The RMR Group LLC had approximately $27.2 billion of total assets under management, including more than 1,400 properties, and employed over 450 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had over 53,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

EN
18/04/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Select Income REIT

Government Properties Income Trust: Proposed REIT merger is credit neg...

The merger provides Government Properties with increased scale and addresses several operating challenges, while Select Income will lose some asset type diversification and increase leverage

Select Income REIT: Update following merger announcement

Our credit view of SIR, reflecting negative credit implications of the proposed merger, external management structure, strong liquidity and long-term leases providing earnings stability.

Moody's affirms GOV's ratings, outlook remains negative; Select Income...

Moody's Investors Service ("Moody's") has affirmed the Baa3 senior unsecured rating of Government Properties Income Trust (GOV). The outlook remains negative. Concurrently, Moody's also affirmed the ratings of Select Income REIT (SIR), including its Baa3 senior unsecured rating. SIR's ...

 PRESS RELEASE

Select Income REIT Announces First Quarter 2018 Results

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced financial results for the quarter ended March 31, 2018. David Blackman, President and Chief Operating Officer of SIR, made the following statement: “During the first quarter of 2018, Select Income REIT made important progress executing its strategic operating plan. Our consolidated subsidiary, Industrial Logistics Properties Trust (ILPT), completed its initial public offering, allowing us to create a pure play industrial REIT at ...

 PRESS RELEASE

Select Income REIT Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced a regular quarterly cash distribution on its common shares of $0.51 per common share ($2.04 per share per year). This distribution will be paid to SIR’s common shareholders of record as of the close of business on April 30, 2018 and distributed on or about May 17, 2018. Select Income REIT is a real estate investment trust, or REIT, which owns properties that are primarily net leased to single tenants. SIR is managed by the operating subsidiary o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch