Brandywine Realty Trust Announces Second Quarter Results

Management Comments Second Quarter Highlights Net Income to common shareholders: $29.9 million, or $0.17 per diluted share. Our second quarter results include one-time, non-cash income totaling $53.8 million, or $0.31 per diluted share, related to recapitalizing one of our joint ventures, as discussed below. Funds from Operations (FFO): $38.0 million, or $0.22 per diluted share. Core Portfolio: 87.3% occupied and 88.5% leased. New and Renewal Leases Signed: 164,000 square feet wholly-owned and 501,000 squar ...