CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office buildings located throughout the United States. The majority of our portfolio consists of office buildings located in central business districts, or CBDs, of major metropolitan markets.
CWH was founded in 1986 and went public on the New York Stock Exchange as a REIT that owned healthcare related properties. In the 1990's we transformed into an office REIT by selling healthcare assets and buying office buildings.
During this time, we also formed four subsidiary REITs: Hospitality Properties Trust (HPT), a REIT that owns hotels and travel centers; Senior Housing Properties Trust (SNH), a REIT that primarily owns healthcare properties; Government Properties Income Trust (GOV), a REIT that primarily owns and leases office buildings that are majority leased to government tenants and Select Income REIT (SIR), a REIT that is focused on owning and investing in net leased, single tenant properties. HPT, SNH, GOV and SIR became separate public companies in 1995, 1999, 2009 and 2012 respectively.
In July 2010, we changed our name to CommonWealth REIT from HRPT Properties Trust in order to avoid any lingering confusion that the company may be a healthcare focused REIT.
We are included in a number of financial indices, including the Russell 1000®, the MSCI US REIT Index, S&P REIT Composite Index and the FTSE EPRA/NAREIT United States Index. – less – More from ZoomInfo »