Brandywine Realty Trust reports positive financial results and operational achievements for first quarter 2025.

From GlobeNewswire: 2025-04-22 16:37:00

Brandywine Realty Trust reported its financial and operating results for the first quarter of 2025. They achieved 92% of their speculative revenue target and experienced positive mark-to-market rental rate increases. They executed approximately 306,000 square feet of forward new leasing in the quarter.

Financially, they reported a net loss of ($27.4) million and Funds from Operations (FFO) of $24.7 million. Their core portfolio was 86.6% occupied and 89.2% leased. Rental rate mark-to-market increased by 8.9% on an accrual basis and 2.3% on a cash basis.

Brandywine Realty Trust used cash-on-hand and their unsecured line of credit to repay a $70 million unsecured term loan in February 2025. They had $65 million outstanding on their $600 million unsecured line of credit as of March 31, 2025.

For the first quarter of 2025, Brandywine Realty Trust reported a net loss of ($27.4) million and FFO of $24.7 million. Their same store net operating income decreased by (2.6)% on an accrual basis and increased by 2.3% on a cash basis.

Brandywine Realty Trust expects to release their second quarter 2025 earnings on July 23, 2025, after the market close, and will host their conference call on July 24, 2025, at 9:00 a.m. Eastern Time. They plan to issue a press release in advance to confirm dates and times.

The company’s Same Store Properties were 86.4% and 86.5% occupied as of March 31, 2025 and 2024, respectively. Revenue for the Same Store Properties increased to $107,834 in the first quarter of 2025.

Brandywine Realty Trust’s Financial Statements for the first quarter of 2025 show a net loss of ($27,404) million and Funds from Operations (FFO) of $24,663 million. Their FFO per share was $0.14, with a payout ratio of 107%.

These summaries highlight Brandywine Realty Trust’s financial performance, operational achievements, and future guidance for 2025. Investors and stakeholders can access additional information through the company’s financial reports and supplemental information packages.



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