Brandywine Realty Trust Stock News

U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - wh...

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.

Brandywine Realty Trust's non-office investments aim to boost long-term cash flows while reducing reliance on office properties. Key projects like Uptown ATX Schuylkill Yards are expected to stabilize in the medium term, contributing to future FFO growth. Current financial challenges include short-term debt maturities and dividend coverage.

PHILADELPHIA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today announced the execution of a 119,000-square-foot lease with a global leader in industrial solutions at 250 Radnor, bringing the building to 100% leased. This milestone reinforces 250 Radnor's position as a premier life science and office destination within one of the most dynamic submarkets in the country.

There is a minority of REITs that are really struggling. Overleverage, conflicts of interest, and risky assets. Here are 3 REITs that are at high risk of cutting their dividend.

U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April....

Brandywine Realty Trust's Q3 results were mixed, with FFO missing expectations, but revenue exceeding forecasts; forward guidance aligns with expectations. The company's lease rate is stabilizing, but tenant retention is low; focus on mixed-use and research lab spaces helps mitigate office market challenges. Asset sales and no new property purchases indicate a strategy to become “leaner and mea...

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 - Cit...