The IPO Buzz: June’s IPO Opener
By: John E. Fitzgibbon, Jr.
June’s IPO calendar kicks off with a real estate investment trust offering. The name is Government Properties Income Trust (NYSE: GOV – proposed), which invests in properties leased to various U.S. government agencies, such as the Federal Bureau of Investigation, Food and Drug Administration, Immigration & Customs Enforcement, Drug Enforcement Administration and others. Now, those are tenants nobody wants to mess with.