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CDP vs LRE

COPT Defense Properties and Lead Real Estate Co., Ltd American Depositary Shares

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COPT Defense Properties

COPT Defense Properties (the "Company" or "COPT Defense"), an S&P MidCap 400 Company, is a self-managed real estate investment trust ("REIT") focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government ("USG") defense installations and missions (which we refer to herein as our Defense/IT Portfolio). Our tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. The ticker symbol under which our common shares are publicly traded on the New York Stock Exchange is "CDP". As of September 30, 2025, our Defense/IT Portfolio of 198 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.6 million square feet and was 97.0% leased.

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Lead Real Estate Co., Ltd American Depositary Shares

Lead Real Estate Co., Ltd together with its subsidiaries, develops and sells luxury residential properties in Japan. The company develops single-family homes and condominiums. It also operates hotels in Tokyo and leases apartment building units in Japan and Dallas, Texas. The company also engages in master lease business which includes fixed term building lease agreements between owners of extended-stay type hotels and the Company. Lead Real Estate Co., Ltd was founded in 2001 and is headquartered in Tokyo, Japan.

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