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    Manus Ibek

    Research Analyst at Evercore ISI

    Manus Ibek is an Analyst at Evercore ISI, specializing in the coverage of financial institutions with a focus on large-cap and regional banks, asset managers, and consumer finance companies. He contributes to Evercore ISI's top-ranked research platform, which is recognized for its expert company-specific analysis and has achieved notable rankings in Institutional Investor and Extel surveys. Ibek's recent performance forms part of a team with a 56.8% success rate and competitive average return metrics, as reported on leading trading platforms. He began his career in financial analysis in the past decade and currently leverages professional securities credentials and regulatory registrations required for equity research at leading investment firms.

    Manus Ibek's questions to COPT DEFENSE PROPERTIES (CDP) leadership

    Manus Ibek's questions to COPT DEFENSE PROPERTIES (CDP) leadership • Q1 2025

    Question

    An analyst from Evercore ISI asked for details on the advanced negotiation pipeline's tenant mix and sought an update on large government lease expirations, particularly why some renewals are pushed to later dates.

    Answer

    President and CEO Stephen E. Budorick and EVP and CFO Anthony Mifsud described the vacancy leasing pipeline as broad-based and evenly split between government and contractor tenants. Regarding government renewals, Budorick explained that short-term extensions are a normal part of the government's process due to administrative workload and do not indicate renewal risk. He reiterated 100% confidence in renewing the 13 large, full-building government leases expiring through 2026.

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