Brandywine Realty Trust (BDN) Misses Q4 FFO by 1c

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Brandywine Realty Trust Announces Fourth Quarter and Full Year 2016 Results and Narrows 2017 Guidance

January 31, 2017 4:15 PM EST

RADNOR, Pa., Jan. 31, 2017 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2016.

Management Comments

"The conclusion of 2016 has seen us achieve strong fourth quarter operating metrics in our same store portfolio and significant progress with our development projects," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust.  "Our Core portfolio results were strong with accelerating same store cash NOI growth, rental rate mark-to-market and tenant retention.  In addition,... More