Secondary Stock Offerings
By The Online Investor Staff, updated Thu., Jul. 31, 5:36 PM
Slide #7. Brandywine Realty Trust — Secondary Offering
||Brandywine Realty Trust (NYSE:BDN)
|Secondary Offering Details:
||Brandywine Realty Trust (the "Company") (NYSE: BDN), the sole general partner of Brandywine Operating Partnership, L.P. (the "Operating Partnership"), announced today that it has commenced a public offering of 18,000,000 common shares. In addition, the Company expects to grant to the underwriters for the public offering an option for 30 days to purchase up to 2,700,000 additional common shares. BofA Merrill Lynch and Citigroup will serve as the joint book-running managers for the offering and propose to offer the shares at prevailing market prices or otherwise from time to time through the NYSE, the over-the-counter market, negotiated transactions or otherwise.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust. Co. provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, mixed-use and industrial properties. Co.'s segments are Pennsylvania Suburbs; Philadelphia Central Business District; Metropolitan Washington D.C.; New Jersey/Delaware; Richmond, VA; Austin, TX; and California. As of Dec 31 2013, Co. owned 204 properties, consisting of 176 office properties, 19 industrial facilities, five mixed-use properties, one development property, two redevelopment properties and one re-entitlement property.
Preferreds: BDN.PRD, BDN.PRE
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||Brandywine Realty Trust
|Number of ETFs Holding BDN:
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