Easterly Government Properties, Inc.: insider trades · United States · SEC (Form 4)

About Easterly Government Properties, Inc.

Easterly Government Properties, Inc. (NYSE: DEA) is a U.S.-listed real estate investment trust focused on acquiring, developing, and managing Class A commercial properties leased primarily to U.S. government agencies. For international investors, the company represents a specialized government-tenant REIT with a strategy centered on mission-critical assets, long-duration leases, and creditworthy counterparties. Easterly was founded in 2011 and went public in 2015. Its headquarters are in Washington, D.C., United States, placing it close to the federal agencies and procurement ecosystem that anchor its business model. Easterly’s investment approach is differentiated within the listed real estate universe. Rather than owning generic office buildings, the company targets specialized properties tailored to federal operations: secure office space, laboratories, support facilities, and institutional buildings used by agencies such as health, justice, law enforcement, and defense-related bodies. The portfolio is concentrated in the United States, and its geographic footprint is typically shaped by proximity to federal hubs, military installations, and mission-sensitive government functions. That focus gives Easterly a niche position in the REIT sector, where barriers to entry are often higher because of security, design, and tenant-specific requirements. The company’s tenant base has historically been dominated by U.S. federal agencies. In its 2024 annual reporting, Easterly highlighted major exposure to the Department of Veterans Affairs, the FBI, and the Drug Enforcement Administration, among others. This tenant mix supports a relatively stable revenue base, with long weighted-average lease terms that can help provide cash-flow visibility. At the same time, the model carries specific risks tied to federal budgeting, lease renewals, and the government’s real estate footprint over time. Recent developments underline Easterly’s selective growth strategy. In 2025, the company announced the acquisition of a fully leased U.S. Department of Homeland Security property near Burlington, Vermont, illustrating its continued focus on buying assets already occupied by high-credit public tenants in strategic locations. The company also continued to report quarterly results and maintain its dividend policy, which remain important markers for REIT investors. For French-, Belgian-, and Swiss-based investors, DEA offers a distinctive exposure to U.S. public-sector real estate: defensive in nature, but still sensitive to interest rates, refinancing conditions, and changes in federal occupancy demand.