News about Brandywine Realty Trust

Brandywine Realty Trust reported a third-quarter net loss available to common shareholders of $22.3 million, or $0.13 per share, including a $29.1 million impairment charge and a $15.4 million loss on early debt extinguishment. Core FFO was $24.5 million, or $0.14 per diluted share. The company adjusted its 2026 Core FFO guidance to $0.54 to $0.56 per diluted share from $0.53 to $0.57. It reduced combined debt by $390 million, completed $681 million of sales against a $305 million plan, and repurchased 4.7 million shares. Net Debt/EBITDA fell to 7.6x from 9.0x in the prior quarter, and One Uptown in Austin is now 97% leased.