Brandywine Realty Trust (BDN) Tops Q4 EPS by 5c; Provides FY20 EPS Guidance

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Brandywine Realty Trust Announces Fourth Quarter, Full Year 2019 ResultsĀ and Maintains 2020 Guidance

January 29, 2020 4:45 PM EST

PHILADELPHIA, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2019.

Management Comments

We completed 2019 accomplishing many of our key business plan objectives, stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  Our markets continue to improve, which allowed us to achieve our 2019 speculative revenue target and generate strong rental rate growth throughout the year.  Turning to 2020, we have already achieved 73% of our speculative revenue target and our... More