Biomed Realty Trust (BMR) Tops Q1 CFFO by 4c/Share; Guides FY15 CFFO Above Expectations

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BioMed Realty Trust Reports First Quarter 2015 Financial Results

April 28, 2015 6:13 PM EDT

SAN DIEGO, April 28, 2015 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR), the leading real estate company focusing on life sciences, today reported funds from operations (FFO) and core FFO (CFFO) per diluted share of $0.41 for the first quarter ended March 31, 2015, driven by over three million square feet of gross leasing over the past four quarters.

First Quarter Highlights

Demand throughout the company's vibrant core innovation districts generated 780,800 square feet of gross leases during the quarter, including nearly 700,000 square feet of new leases as tenant relationships were... More