HRPT Properties Trust Q1 2010 Earnings Call Transcript

HRPT Properties Trust (HRP)

Q1 2010 Earnings Call

May 6, 2010 1:00 pm ET

Executives

Timothy A. Bonang – Vice President Investor Relations

Adam D. Portnoy – Managing Trustee

John C. Popeo – Chief Financial Officer, Treasurer & Secretary

Analysts

John Guinee – Stifel Nicolaus & Company

Michael Aryan – Sun Life Financial

Presentation

Operator

Compare to:
Previous Statements by HRP
» HRPT Properties Q4 2009 Earnings Call Transcript
» HRPT Properties Trust Q3 2009 Earnings Call Transcript
» HRPT Properties Trust Q2 2009 Earnings Call Transcript

Welcome to the HRPT Properties Trust first quarter 2010 financial results conference call. This call is being recorded. At this time for opening remarks and introductions I would like to turn the call over to the Vice President of Investor Relations Tim Bonang.

Timothy A. Bonang

Joining me on today’s call are Adam Portnoy, Managing Trustee and John Popeo, Chief Financial Officer. The agenda for today’s call includes a presentation by management followed by a question and answer session. I would also note that the recording and retransmission of today’s conference call is strictly prohibited without prior written consent of HRP. Before we begin today’s call I would like to reiterate our Safe Harbor statement.

Today’s conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on HRP’s present beliefs and expectations as of today, May 6, 2010. The company undertakes no obligation to revise or publically release the results of any revisions to the forward-looking statements made in today’s conference call other than through filings with the Securities & Exchange Commission or SEC regarding this reporting period.

In addition, this call may contain non-GAAP numbers including funds from operations or FFO. A reconciliation of FFO to net income as well as components to calculate AFFO, CAD or FAD are available on our supplemental package found in the investor relations section of the company’s website. Actual results may differ materially from those projected in any forward-looking statements.