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Brandywine Realty Trust Announces Correction to Record Date for First Quarter 2004 Dividend on Series C and D Preferred Shares.


Business Editors

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--March 26, 2004

Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is a real estate development trust (REIT) in the United States that buys, sells, leases and manages approximately 225 commercial properties, no more than 25 industrial parcels of land, mixed-use property, and over 200 acres of undeveloped  (NYSE NYSE

See: New York Stock Exchange
: BDN BDN Borland Developer Network
BDN Bangor Daily News (Maine, USA)
BDN Business Development Network
BDN Bell Data Network
BDN Bulk Data Network
BDN Busy Doing Nothing (band)
BDN Buffered Delta Network
) announced that the record date for the dividend payable on April 15, 2004 on its Series C and Series D Cumulative Redeemable Preferred Shares Preferred shares

Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock.
 is April 5, 2004. This is a correction to the record date of March 30, 2004 as stated in a press release issued yesterday.

Brandywine Realty Trust, with headquarters in Plymouth Meeting, PA and regional offices in Mt. Laurel, NJ and Richmond, VA is one of the Mid-Atlantic region's largest full service real estate companies. Brandywine owns, manages or has an ownership interest in 280 office and industrial properties, aggregating 20.3 million square feet.

For more information, visit Brandywine's website at www.brandywinerealty.com

Note: Certain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of the Company and its affiliates or industry results 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, the Company's ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs operating costs nplgastos mpl operacionales  and the effects of general and local economic and real estate conditions. Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 26, 2004
Words:326
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