Brandywine Realty Trust (BDN) Tops Q4 EPS by 3c

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Brandywine Realty Trust Announces Fourth Quarter, Full Year 2021 Results, Initiates 2022 Guidance and Announces Investment Activity

February 2, 2022 4:35 PM EST

PHILADELPHIA, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2021.

Management Comments

With the office market continuing its recovery, we ended 2021 exceeding our business plan revenue target and our forward-leasing pipeline achieving pre-pandemic levels, stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. We accomplished many of our 2021 business plan objectives including exceeding our cash and accrual rent growth targets which increased 10.3% and 16.2% during 2021. In... More