SAN DIEGO, April 15, 2015 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) announced today that its 2014 Online Annual Report and other proxy materials are now available at http://www.biomedrealty.com/14AR.
Titled "The Next 10 Years," the 2014 Online Annual Report explores the company's outstanding results in 2014 and vision for 2015 and beyond. In addition, the site examines the impact and growth of the life science industry and the value that BioMed Realty brings to the industry by developing, owning and operating the best real estate which create connection points between the industry and the commercial world to turn today's innovations into tomorrow's answers for patient populations across the world.
This year's online annual report examines the company's many accomplishments during the past year by leveraging a strategy focused on people, expertise and relationships, including:
- Generating the highest leasing volume, total revenues and rental revenues in the company's history for the second consecutive year;
- Adding approximately 1.4 million additional rentable square feet of space from strategic investments during the year;
- Expanding the company's university platform, Wexford Science + Technology, with the grand opening of the 3737 Market Street building in the University City Science Center in Philadelphia, Pennsylvania and a 283,000 square foot expansion in the Wake Forest Innovation Quarter in Winston-Salem, North Carolina; and
- Harvesting value from the largest asset disposition in the company's history and redeploying those proceeds into new investments in core innovation districts with compelling long-term growth prospects.
Greg Lubushkin, Chief Financial Officer of BioMed Realty, commented, "For the seventh consecutive year, we are launching an online version of our annual report, providing visitors to our website with an interactive, multi-media experience to review the tremendous achievements at BioMed Realty in 2014. By making our corporate, operating and financial information easily accessible and downloadable, we are advancing our commitment to sustainability and enhanced investor communication."
About BioMed Realty Trust
BioMed Realty, with its trusted expertise and valuable relationships, delivers optimal real estate solutions for biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry. BioMed Realty owns or has interests in properties comprising approximately 18.0 million rentable square feet. Additional information is available at www.biomedrealty.com. Follow us on Twitter @biomedrealty.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, without limitation: adverse economic or real estate developments in the life science industry or the company's target markets; and general risks affecting the real estate industry (including, without limitation, the inability to enter into or renew leases, dependence on tenants' financial condition, and competition from other developers, owners and operators of real estate). For a further list and description of such risks and uncertainties, see the reports filed by the company with the Securities and Exchange Commission, including the company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE BioMed Realty Trust, Inc.