Press release from PR Newswire
Brandywine Realty Trust Announces Quarterly Dividends and Confirms Third Quarter 2012 Earnings Release and Conference Call
Tuesday, September 11, 2012
RADNOR, Pa., Sept. 11, 2012 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share, payable on October 19, 2012 to holders of record on October 5, 2012. The Board of Trustees also declared quarterly dividends of $0.460938 and $0.43125 for the 7.375% Series D Cumulative Redeemable Preferred Shares and the 6.90% Series E Cumulative Redeemable Preferred Shares, respectively, each payable on October 15, 2012 to holders of record on September 30, 2012 of the Series D and Series E Preferred Shares.
As previously announced, the Company will release its third quarter earnings after the market close on Wednesday, October 24, 2012, and will hold its third quarter conference call on Thursday, October 25, 2012, at 9:00 a.m. EDT. The conference call can be accessed by dialing 1-800-683-1525 and providing conference ID: 29831734. Beginning two hours after the conference call, a taped replay of the call can be accessed through Thursday, November 8, 2012, by calling 1-855-859-2056 and entering access code 29831734. The conference call can also be accessed via a webcast on our website at www.brandywinerealty.com.
About Brandywine Realty Trust
Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States. Organized as a real estate investment trust and operating in select markets, Brandywine owns, leases and manages an urban, town center and suburban office portfolio comprising 305 properties and 34.5 million square feet, including 230 properties and 24.9 million square feet owned on a consolidated basis (including 11 properties and 0.5 million square feet held for sale) and 53 properties and 6.5 million square feet in 18 unconsolidated real estate ventures as of June 30, 2012. For more information, please visit www.brandywinerealty.com.
Certain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of the Company and its affiliates or industry results to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors relate to, among others, the Company's ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs and the effects of general and local economic and real estate conditions. Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2011. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
SOURCE Brandywine Realty Trust
For further information: Media / Investor Contact: Marge Boccuti, Manager, Investor Relations, +1-610-832-7702, email@example.com