Brandywine Realty Trust Announces Reporting Information for 2002 Distributions.Business Editors PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--Jan. 9, 2003 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 today the final tax characteristics (Form 1099) of its 2002 distributions. Shareholders are encouraged to consult with their personal tax advisors A tax advisor is a financial expert especially trained in tax law. Some countries require tax advisors to verify the balance sheets of companies above a certain size. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in as to the specific tax treatment of dividends. The characteristics of the company's distributions are as follows:
DECLARATION RECORD PAYABLE
LINE CUSIP DATE DATE DATE
-------------------------------------------------
1 105368203 3/22/2002 4/4/2002 4/15/2002
2 105368203 6/21/2002 7/5/2002 7/15/2002
3 105368203 9/24/2002 10/4/2002 10/15/2002
4 105368203 12/20/2002 12/31/2002 1/15/2003
GROSS SECTION
DISTRIBUTION ORDINARY 1250
LINE PER SHARE DIVIDEND GAIN
--------------------------------------
1 $0.4400 $0.411840 $0.028160
2 $0.4400 $0.411840 $0.028160
3 $0.4400 $0.411840 $0.028160
4 $0.4400 $0.411840 $0.028160
Totals $1.7600 $1.647360 $0.112640
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 288 office and industrial properties, aggregating 19.9 million square feet. For more information, visit Brandywine's website at www.brandywinerealty.com. Note: Certain statements in this release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Noun 1. cost overrun - excess of cost over budget; "the cost overrun necessitated an additional allocation of funds in the budget" cost - the total spent for goods or services including money and time and labor and construction delays, unanticipated operating costs operating costs npl → gastos 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. |
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