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Brandywine Realty Trust: Brandywine Realty Trust Announces Fourth Quarter 2008 Dividends

^{Published on 2008-12-10 11:37:50 - Market Wire}
 

RADNOR, PA--(Marketwire - December 10, 2008) - Brandywine Realty Trust (NYSE: [ BDN ]) announced today that its Board of Trustees has declared a cash dividend for the fourth quarter of 2008 of $0.30 per common share, payable on January 20, 2009 to holders of record on January 6, 2009. The Board of Trustees also declared dividends for the fourth quarter of 2008 of $0.46875 and $0.460938 for the 7.50% Series C Cumulative Redeemable Preferred Shares and 7.375% Series D Cumulative Redeemable Preferred Shares, respectively, each payable on January 15, 2009 to holders of record on December 30, 2008 of the Series C and Series D Preferred Shares.

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, develops and manages a primarily Class A, suburban and urban office portfolio aggregating approximately 39.8 million square feet, including 26.5 million square feet which it currently owns on a consolidated basis. For more information, visit our website at [ www.brandywinerealty.com ].

Forward-Looking Statements

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. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.