Brandywine Realty Trust Announces Quarterly Dividends and Confirms Second Quarter 2010 Earnings Release and Conference Call

Jun 02, 2010, 12:59 ET from Brandywine Realty Trust

RADNOR, Pa., June 2 /PRNewswire-FirstCall/ -- 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 July 20, 2010 to holders of record on July 6, 2010.  The Board of Trustees also declared quarterly dividends 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 July 15, 2010 to holders of record on June 30, 2010 of the Series C and Series D Preferred Shares.

As previously announced, the Company will release its second quarter earnings after the market close on Wednesday, July 28, 2010, and will hold its second quarter conference call on Thursday, July 29, 2010, at 10:00 a.m. EDT.  The conference call can be accessed by dialing 1-800-683-1525 and providing conference ID: 62521593.  Beginning two hours after the conference call, a taped replay of the call can be accessed through Thursday, August 12, 2010, by calling 1-800-642-1687 and entering access code 62521593.  The conference call can also be accessed via a web cast 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, develops, manages and has ownership interests in a primarily Class A, suburban and urban office portfolio comprising 346 properties and 35.0 million square feet, including 241 properties and 25.1 million square feet owned on a consolidated basis.  For more information, please 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.

SOURCE Brandywine Realty Trust



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