Brandywine Realty Trust(BDN)

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Hospitality HQ's “Gather Food Hall & Bar” to Join Schuylkill Yards at the Bulletin Building
GlobeNewswire News Room· 2025-02-12 12:00
Core Insights - Brandywine Realty Trust is developing a new culinary destination, Gather Food Hall & Bar, at Schuylkill Yards, set to open in Fall 2025, featuring six local vendors and an elevated bar in a contemporary setting [2][5] - The project aims to create a welcoming space for office tenants, students, and locals, while honoring the historic Bulletin Building's legacy as a hub for innovation and communication [2][3] Company Overview - Brandywine Realty Trust is a publicly traded real estate investment trust (REIT) focused on the Philadelphia and Austin markets, managing a portfolio of 126 properties totaling 19.4 million square feet as of December 31, 2024 [11] - The company is committed to shaping and inspiring communities through its real estate expertise and relationships [11] Project Details - Gather Food Hall will occupy 13,000 square feet and is curated by Hospitality HQ, known for chef-driven concepts, in partnership with local organizations to support emerging culinary entrepreneurs [4][8] - The design by Bell Butler Design & Architecture will celebrate the Bulletin Building's industrial past while integrating modern elements, creating a vibrant atmosphere for community engagement [7] Social Impact - The initiative addresses food insecurity among college students, with 1 in 4 students affected, and includes mentorship programs for vendor partners to help them succeed in the culinary industry [10][9] - Gather Food Hall aims to empower the community through programs that minimize barriers for vendors and provide essential support [8] Location and Connectivity - Schuylkill Yards is strategically located adjacent to 30th Street Station, providing excellent access to Amtrak, regional rail, and SEPTA transit lines, enhancing connectivity for businesses and talent [6] - The area is being developed into a dynamic hub for innovation, featuring 70,000 square feet of retail space and 6.5 acres of greenspace [5]
Brandywine Realty Trust: A Little Bit Of Patience Could Make You Very Rich (Rating Upgrade)
Seeking Alpha· 2025-02-10 14:52
In November last year, I started covering Brandywine Realty Trust (NYSE: BDN ), highlighting a potential 50%-100% upside potential based on a cap rate and a historical Price to Funds From Operations (FFO) valuation. Key projects started to come online that would help diversifyI'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 Investment Trusts ...
Brandywine Realty Q4 Earnings: Unsustainable Trends Are Emerging
Seeking Alpha· 2025-02-09 13:30
Earnings season is upon us and the commercial real estate sector is proving more exciting than ever. As the rising interest rate era appears to be ending, higher for longer continues to redefine investing in incomeAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than ...
Brandywine Realty Trust(BDN) - 2024 Q4 - Annual Results
2025-02-05 23:15
Exhibit 99.1 Company / Investor Contact: Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com Heather Crowell Gregory FCA 215-316-6271 heather@gregoryfca.com Financial Results Portfolio Results - 1 - • Net loss available to common shareholders: $(43.3) million, or $(0.25) per share. These results include a $(23.8) million, or $(0.14) per share, non-cash impairment charge primarily related to two of our unconsolidated joint ventures located in the Metropolitan D.C. area. • Funds from Operations (FFO) avail ...
Brandywine Realty Trust(BDN) - 2024 Q4 - Earnings Call Transcript
2025-02-05 20:49
Start Time: 09:00 January 1, 0000 10:04 AM ET Brandywine Realty Trust (NYSE:BDN) Q4 2024 Earnings Conference Call February 05, 2025, 09:00 AM ET Company Participants Gerry Sweeney - President and CEO Tom Wirth - EVP and CFO George Johnstone - EVP, Operations Dan Palazzo - SVP and CAO Conference Call Participants Steve Sakwa - Evercore ISI Anthony Paolone - JPMorgan Dylan Burzinski - Green Street Upal Rana - KeyBanc Capital Markets Michael Lewis - Truist Securities Michael Griffin - Citi Operator Good day, a ...
Brandywine Realty Trust(BDN) - 2024 Q4 - Earnings Call Transcript
2025-02-05 15:02
Brandywine Realty Trust (BDN) Q4 2024 Earnings Call February 05, 2025 09:00 AM ET Company Participants Gerard Sweeney - President, CEO & TrusteeThomas E. Wirth - Executive VP & CFOGeorge Johnstone - EVP, OperationsAnthony Paolone - Executive DirectorOmotayo Okusanya - Managing DirectorMichael Lewis - Cyber Security Group Manager Conference Call Participants Steve Sakwa - Senior Managing Director & Senior Equity Research AnalystDylan Burzinski - Senior Analyst, OfficeUpal Rana - Director - Senior Equity Rese ...
Here's What Key Metrics Tell Us About Brandywine Realty Trust (BDN) Q4 Earnings
ZACKS· 2025-02-05 00:36
For the quarter ended December 2024, Brandywine Realty Trust (BDN) reported revenue of $121.91 million, down 6.4% over the same period last year. EPS came in at $0.17, compared to -$0.91 in the year-ago quarter.The reported revenue represents a surprise of -5.60% over the Zacks Consensus Estimate of $129.14 million. With the consensus EPS estimate being $0.24, the EPS surprise was -29.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...
Brandywine Realty Trust Announces Fourth Quarter, Full Year 2024 Results and Initiates 2025 Guidance
Newsfilter· 2025-02-04 22:02
PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2024. Management Comments "We accomplished or exceeded many of our full year 2024 business plan objectives including speculative revenue, tenant retention, our same store NOI results and rental rate mark-to-markets," stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "In addition to ...
Brandywine Realty Trust Announces Fourth Quarter, Full Year 2024 Results and Initiates 2025 Guidance
Globenewswire· 2025-02-04 22:02
PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2024. Management Comments “We accomplished or exceeded many of our full year 2024 business plan objectives including speculative revenue, tenant retention, our same store NOI results and rental rate mark-to-markets,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “In addition to ...
Brandywine Realty Trust and FS Investments Announce FS’s New Global Headquarters at Schuylkill Yards
Globenewswire· 2025-02-03 12:00
Growing asset management firm chooses to stay in Philadelphia after extensive searchPHILADELPHIA, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) and FS Investments today announced they have entered into a 117,000 square foot, 16-year lease for the Philadelphia-based alternative asset manager’s new global headquarters at 3025 JFK Blvd. in Philadelphia’s dynamic new neighborhood, Schuylkill Yards. FS Investments is one of Philadelphia’s fastest growing companies and is helping Philadelp ...