PHILADELPHIA, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its
Board of Trustees has declared a quarterly cash dividend of $0.18 per common share and OP Unit payable on April 18, 2018 to holders
of record on April 4, 2018. The quarterly dividend is equivalent to an annual rate of $0.72 per share.
Conference Call and Audio Webcast
We will release our first quarter earnings after the market close on Thursday, April 19, 2018, and will hold our
first quarter conference call on Friday, April 20, 2018 at 9:00 a.m. EDT. The conference call can be accessed by dialing
1-833-818-6810 and providing conference ID: 7876108. Beginning two hours after the conference call, a taped replay of the
call can be accessed through Friday, May 4, 2018, by calling 1-855-859-2056 and entering access code 7876108. The conference
call can also be accessed via a webcast on our website at www.brandywinerealty.com.
About Brandywine Realty Trust
Brandywine Realty Trust (NYSE:BDN) is one of the largest, publicly traded, full-service, integrated real estate
companies in the United States with a core focus in the Philadelphia, Washington, D.C., and Austin markets. Organized as a
real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio
comprising 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale. Our
purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in
which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.
Forward-Looking Statements
Estimates of future earnings per share, FFO per share, common share dividend distributions and certain other
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
our and our affiliates’ actual results, performance, achievements or transactions 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: our ability to lease vacant space and to renew or relet space under
expiring leases at expected levels; competition with other real estate companies for tenants; the potential loss or bankruptcy of
major tenants; interest rate levels; the availability of debt, equity or other financing; risks of acquisitions, dispositions and
developments, including the cost of construction delays and cost overruns; unanticipated operating and capital costs; our ability
to obtain adequate insurance, including coverage for terrorist acts; dependence upon certain geographic markets; and general and
local economic and real estate conditions, including the extent and duration of adverse changes that affect the industries in which
our tenants operate. The declaration and payment of future dividends (both timing and amount) is subject to the determination
of our Board of Trustees, in its sole discretion, after considering various factors, including the Company's financial condition,
historical and forecast operating results, and available cash flow, as well as any applicable laws and contractual covenants and
any other relevant factors. The Company's practice regarding payment of dividends may be modified at any time and from time
to time. Additional information on factors which could impact us and the forward-looking statements contained herein are
included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2016.
We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events
except as required by law.
Company / Investor Contact:
Tom Wirth
EVP & CFO
610-832-7434
tom.wirth@bdnreit.com
