Brandywine Realty Trust (BDN) Reports In-Line Q1 FFO

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Brandywine Realty Trust Announces First Quarter Results And Narrows 2018 Guidance

April 19, 2018 5:00 PM EDT

PHILADELPHIA, April 19, 2018 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three months ended March 31, 2018.

Management Comments

Our 2018 business plan is off to an excellent start, stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust.  We are now 83% complete on our 2018 revenue target.  We generated strong quarterly operating metrics including a 10.5% increase in quarterly GAAP market-to-market rents.  In addition to our strong operating results, we made excellent progress on our... More