Brandywine Realty Trust (BDN) Reports In-Line Q1 FFO; Boosts FFO Outlook
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Brandywine Realty Trust Announces $0.31 Adjusted FFO per Diluted Share for the First Quarter 2016 and Increases 2016 Adjusted FFO Guidance Range to $1.26 to $1.32 per Diluted Share
April 20, 2016 4:15 PM EDTRADNOR, Pa., April 20, 2016 /PRNewswire/ --Â Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three months ended March 31, 2016.
Management Comments
"During the first quarter, we have executed several landmark transactions that transformed our balance sheet, improved our operating platform and provided additional growth opportunities going forward," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "We made excellent progress on our 2016 business plan completing 90% of our $850 million disposition target as we continue reducing or exiting non-core markets.  Our remaining... More
