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  "documentTitle": "Office Properties Income Trust | Results Presentation Deck | 32 slides",
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      "text": "Dividend\nOPI has declared a quarterly dividend on its common shares of $0.25 per share to shareholders of record as of the close of business on October 23, 2023. This dividend will be paid on or about November 16, 2023.",
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      "text": "Newton, MA (October 30, 2023). Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2023.",
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      "text": "Christopher Bilotto, President and Chief Executive Officer",
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      "text": "About Office Properties Income Trust\nOPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of September 30, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 154 properties as of September 30, 2023, with approximately 20.7 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of September 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.",
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      "text": "Conference Call\nA conference call to discuss OPI's third quarter results will be held on Tuesday, October 31, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (412) 317-0088; the replay pass code is 9984412. A live audio webcast of the conference call will also be available in a listen-only-mode on OPI's website, at www.opireit.com. The archived webcast will be available for replay on OPI's website after the call. The transcription, recording and retransmission in any way are strictly prohibited without the prior written consent of OPI.",
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      "text": "\"During the third quarter, OPI continued to advance its business strategies while navigating challenging market conditions facing the commercial office market. Normalized FFO of $1.02 per share for the quarter exceeded the high end of our guidance range. Leasing across the portfolio remained active with 586,000 square feet of new and renewal leasing in the quarter and now totals more than 1.5 million square feet year to date. While office utilization remains well below historical levels, our leasing pipeline is active, and we estimate our portfolio-wide utilization trends improved to approximately 70%. We closed on two mortgage loans for proceeds of $69 million, bringing our total mortgage proceeds this year to more than $177 million. We believe these transactions illustrate the financing opportunities available within our diversified portfolio. Looking forward, we remain focused on addressing OPI's upcoming debt maturities, executing on select asset sales, actively engaging with our tenants to renew leases and converting prospects in our lease pipeline to fill vacancies.\"",
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      "text": "RETURN TO TABLE OF CONTENTS",
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