Brandywine Realty Trust (BDN) Reports Q2 FFO of $0.32

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Go back to Brandywine Realty Trust (BDN) Reports Q2 FFO of $0.32

Brandywine Realty Trust Announces Second Quarter 2017 Results and Revises 2017 Guidance

July 20, 2017 4:15 PM EDT

RADNOR, Pa., July 20, 2017 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2017.

Management Comments

"We are encouraged by the continued execution of our 2017 business plan during the second quarter," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "Our 2017 speculative revenue target is now 98% complete. We have also completed 75% of our 2017 net disposition target.  Our balance sheet continued to strengthen during the second quarter as we redeemed our $100.0 million, 6.9% perpetual... More