Brandywine Realty Trust (BDN) Reports In-Line Q3 FFO, Offers FY16 & FY17 Guidance

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Go back to Brandywine Realty Trust (BDN) Reports In-Line Q3 FFO, Offers FY16 & FY17 Guidance

Brandywine Realty Trust Announces Third Quarter 2016 Results, Narrows 2016 Guidance and Provides 2017 Guidance

October 19, 2016 4:05 PM EDT

RADNOR, Pa., Oct. 19, 2016 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2016 and introduced 2017 earnings guidance.

Management Comments

"Our third quarter same store growth, rental mark-to-market and capital costs continue to meet our 2016 Business Plan objectives and we have achieved 99% of our 2016 speculative revenue target," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "Our portfolio disposition program continues to progress.  We have met our $850.0 million disposition target, so we are... More