Company Overview - Brandywine Realty Trust is one of the largest publicly traded full-service integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets [3] - The company owns develops leases and manages an urban town center and transit-oriented portfolio comprising 147 properties and 21 1 million square feet as of September 30 2024 [3] - Brandywine Realty Trust is organized as a real estate investment trust (REIT) [3] Recent Transactions - The company completed the sale of 4040 Wilson a mixed-use development in Arlington VA for $190 5 million ($95 25 million for Brandywine’s 50% share) [2][4] - The Dabney and Brittons Hill portfolio in Richmond VA was sold for $66 8 million generating approximately $15 5 million of net proceeds to Brandywine for its 50% ownership interest [5] - Brandywine also sold an 11-acre land parcel operating under a long-term parking lease valued at $8 5 million [5] - Combined gross sale proceeds from these transactions amounted to $265 8 million [4] Financial Performance - Year-to-date gross proceeds from asset sales approach $310 million [2][6] - The company has generated $191 million of net cash proceeds from these transactions [6] - Brandywine significantly outperformed its original 2024 sales target of $90 0 million and revised sales target of $150 0 million [6] Strategic Objectives - The transactions advance Brandywine’s strategic objectives to improve its competitive position reduce forward capital commitments and generate incremental liquidity for future investments [4] - The proceeds will strengthen the company’s balance sheet and support reinvestment in strategic initiatives that align with its vision and market strategy [6] - Brandywine is committed to redeploying capital in high-quality core markets with significant growth potential while enhancing financial flexibility [6] Property Details - 4040 Wilson has 405 000 square feet of office retail and residential space as well as 494 parking spaces [2] - The property was 96% leased (residential) and 94% leased (commercial) at the time of sale [2] - The Dabney and Brittons Hill portfolio consists of 14 industrial/flex buildings totaling 643 000 square feet and was fully leased at closing [5]

PHILADELPHIA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today announced the closing of the sale of One and Two Barton Skyway, located at 1501 and 1601 South MoPac Expressway in Southwest Austin, to the City of Austin. The 386,000-square-foot facility, sold for $107.6 million, or $275 per square foot, will serve as a consolidated public safety headquarters. “This transaction is consistent with our capital recycling and portfolio management objectives. This sale both strengthens ou ...

I believe Brandywine Realty Trust (NYSE: BDN ) presents significant upside potential based on cap rate and P/FFO multiple (expansion). While the company is currently managing higher interest expenses and awaiting the materialization of its highly anticipated developments, these challengesI'm Luuk Wierenga, an economics teacher from the Netherlands with a strong focus on income investing. My investment journey began during COVID-19, and since then, I've specialized in identifying high-yield Real Estate Inves ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________ (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities ...

Brandywine Realty Trust (NYSE: BDN ) announced their quarterly results on October 22nd and held their earnings call on the next morning for the third quarter of the year ending on September 30th. The results were a bit mixedI own separate portfolios for separate goals. I have one portfolio where I have nothing but income plays, another portfolio where I have nothing but growth stocks. I also have another portfolio where I run my options plays. I try not to mix different portfolios because they all have diff ...

Brandywine Realty Trust (NYSE:BDN) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Jerry Sweeney - President & Chief Executive Officer Tom Wirth - Executive Vice President and Chief Financial Officer George Johnstone - Executive Vice President of Operations Conference Call Participants Steve Sakwa - Evercore ISI Anthony Paolone - JPMorgan Michael Griffin - Citi Michael Lewis - Truist Securities Tayo Okusanya - Deutsche Bank Dylan Burzinski - Green Street Operator Good day, ...

For the quarter ended September 2024, Brandywine Realty Trust (BDN) reported revenue of $131.78 million, up 1.9% over the same period last year. EPS came in at $0.23, compared to -$0.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $133.23 million, representing a surprise of -1.09%. The company delivered an EPS surprise of -4.17%, with the consensus EPS estimate being $0.24.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Brandywine Realty Trust (BDN) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4.17%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.22 per share when it actually produced FFO of $0.22, delivering no surprise.Over the last four quar ...

Exhibit 99.1 1 Company / Investor Contact: Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com Brandywine Realty Trust Announces Third Quarter 2024 Results And Adjusts And Narrows 2024 Guidance Philadelphia, PA, October 22, 2024 — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2024. Management Comments "During the third quarter we made strong progress on our 2024 business plan highlighted by exceeding many of ...

PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2024. Management Comments “During the third quarter we made strong progress on our 2024 business plan highlighted by exceeding many of our targets and for the second consecutive quarter raising both our speculative revenue target and our annual tenant retention rate,” stated Gerard H. Sweeney, President and Chief Execut ...