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Stock impact report

Brandywine (BDN) Q4 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Brandywine Realty Trust (BDN) 
Last brandywine realty trust earnings: 4/22 06:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.brandywinerealty.com
President and Chief Executive Officer — Jerry Sweeney Executive Vice President, Operations — George D. Johnstone Executive Vice President and Chief Financial Officer — Thomas E. Wirth Senior Vice President and Chief Accounting Officer — Dan Palazzo TAKEAWAYS Core Portfolio Occupancy -- 88.3% occupied and 90.4% leased in the wholly-owned portfolio as of year-end, with forward leasing commencing after year-end up 26% to 229,000 square feet and the majority commencing occupancy in the next two quarters. Leasing Activity -- 1.6 million square feet leased in 2025, including 415,000 square feet in Q4, with 157,000 square feet from wholly-owned assets and 257,000 from joint ventures. Tenant Retention -- 64%, above the planned range of 59%-61%. Capital Ratio -- 9.5% for 2025, the lowest in five years, largely due to capital controls, purchasing power, and renewal mix. GAAP Mark-to-Market on Renewals -- 4.2%, exceeding the business plan, with new leasing mark-to-market at 13 Show less Read more
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