Brandywine realty trust generates $137 million of asset sales as part of strategic disposition program

Philadelphia, dec. 24, 2024 (globe newswire) -- brandywine realty trust (nyse: bdn) today announced the completion of two significant sales within our joint venture portfolio: 4040 wilson, a mixed-use development in arlington, va, and the dabney and brittons hill portfolio in richmond, va. these transactions yielded combined gross sale proceeds of $265.8 million, advancing brandywine's strategic objectives to improve its competitive position, reduce forward capital commitments, and generate incremental liquidity for future investments.
BDN Ratings Summary
BDN Quant Ranking