Brandywine Rlty Tr Stock Price, News & Analysis

Brandywine Realty Trust (NYSE:BDN) has declared a quarterly cash dividend of $0.15 per common share and OP Unit, payable on July 17, 2025, to holders of record on July 2, 2025. The quarterly dividend translates to an annual rate of $0.60 per share. The company will release its second quarter earnings after market close on July 23, 2025, followed by a conference call on July 24, 2025, at 9:00 a.m. Eastern Time.

Brandywine Realty Trust is a major REIT focusing on Philadelphia and Austin markets, managing an urban, town center and transit-oriented portfolio of 125 properties spanning 19.4 million square feet as of March 31, 2025.

Brandywine Realty Trust (NYSE:BDN) reported its Q1 2025 financial results, posting a net loss of ($27.4) million or ($0.16) per share. The company achieved 92% of its speculative revenue target and experienced positive mark-to-market rental rate increases of 8.9% on accrual basis and 2.3% on cash basis.

Key highlights include:

• FFO of $24.7 million or $0.14 per diluted share
• Core portfolio: 86.6% occupied and 89.2% leased
• 235,000 square feet of new and renewal leases signed in wholly-owned portfolio
• 306,000 square feet of forward new leasing, highest in eleven quarters
• Avira residential project now 96% leased

The company narrowed its 2025 FFO guidance from $0.60-$0.72 to $0.61-$0.71 per share. Brandywine maintains strong liquidity with $65 million outstanding on its $600 million unsecured line of credit and no unsecured bonds maturing until November 2027.

Brandywine Realty Trust (NYSE:BDN) has announced its participation in the Citi 2025 Global Property CEO Conference. The company will deliver a roundtable presentation on Tuesday, March 4, 2025 at 7:30 a.m. Eastern Time, lasting approximately 35 minutes.

The presentation will be accessible through a live webcast, with a replay available within 24 hours after the event until Friday, April 4, 2025. Investors can access the webcast through the provided link or via the Investor Relations page on Brandywine's website.

Brandywine Realty Trust operates as a REIT focusing on the Philadelphia and Austin markets. The company's portfolio includes 126 properties spanning 19.4 million square feet as of December 31, 2024, specializing in urban, town center, and transit-oriented developments.

Brandywine Realty Trust (NYSE:BDN) has declared a quarterly cash dividend of $0.15 per common share and OP Unit, payable on April 17, 2025, to holders of record on April 3, 2025. The dividend equates to an annual rate of $0.60 per share.

The company will release its first quarter earnings after market close on April 22, 2025, followed by a conference call on April 23, 2025, at 9:00 a.m. Eastern Time.

Brandywine Realty Trust is a major publicly-traded REIT focusing on the Philadelphia and Austin markets. The company's portfolio includes 126 properties totaling 19.4 million square feet as of December 31, 2024.

Brandywine Realty Trust (NYSE: BDN) announced the upcoming opening of Gather Food Hall & Bar at Schuylkill Yards' Bulletin Building, scheduled for Fall 2025. The 13,000-square-foot culinary destination will feature six local vendors and a bar, operated by Hospitality HQ in partnership with Gather Food Hall Management.

Located in the historic Bulletin Building at 3025 Market Street, the venue will serve office tenants, students, and University City locals. The project is part of Schuylkill Yards' retail expansion, which includes 70,000 square feet of existing retail space and an additional 33,000 square feet opening in 2025.

The development features Bell Butler Design & Architecture's design work, incorporating elements from the building's newspaper printing press history. The project includes mentorship programs for vendors and initiatives to address food insecurity among college students, supported by seed funding from Cerity Partners.

Brandywine Realty Trust (NYSE:BDN) reported its Q4 and full-year 2024 results, posting a net loss of $(43.3) million or $(0.25) per share in Q4, including a $(23.8) million non-cash impairment charge. FFO was $29.9 million or $0.17 per diluted share.

The company completed over $300 million in dispositions, exceeding their initial $90 million target. Key operational metrics include: 87.8% core portfolio occupancy, 89.9% leased rate, and 486,000 square feet of new and renewal leases signed in Q4. The company achieved a 76% tenant retention ratio and 5.9% rental rate growth on an accrual basis.

For 2025, BDN initiated guidance with FFO of $0.60-$0.72 per diluted share, projecting year-end core occupancy of 88-89% and core leased range of 89-90%. The company maintains strong liquidity with no borrowings on its $600 million credit line and $90 million cash on hand.

Brandywine Realty Trust (NYSE: BDN) has secured a significant 117,000 square foot, 16-year lease agreement with FS Investments for their new global headquarters at 3025 JFK Blvd in Schuylkill Yards, Philadelphia. FS Investments, managing over $83 billion in assets with nearly 600 employees, chose to remain in Philadelphia after considering locations in Connecticut and New York.

The move represents a 46% increase in space from their current 80,000 square foot location at the Navy Yard, indicating significant expansion plans. The new location will join over 65 existing office, life science, and retail tenants at Schuylkill Yards. Brandywine has already delivered 70,000 square feet of retail space, with an additional 33,000 square feet planned to open in 2025.

Brandywine Realty Trust (NYSE: BDN) has released the tax characteristics of its 2024 distributions. The company paid a total annual distribution of $0.60 per share, distributed quarterly at $0.15 per share. The distribution breakdown includes:

- 38.6% ($0.231984) as Taxable Ordinary Dividend
- 4.9% ($0.029100) as Total Capital Gain Distribution
- 56.5% ($0.338916) as Non-dividend Distribution

BDN operates as a REIT with a portfolio of 147 properties spanning 21.1 million square feet, primarily focused in Philadelphia and Austin markets. The company specializes in urban, town center, and transit-oriented developments.