Brandywine Realty Trust is a real estate investment trust (REIT) that focuses on the management, development, and leasing of commercial properties, primarily in the office sector
The company is involved in acquiring, developing, and operating a diverse portfolio of properties located in urban and suburban markets, with a strong emphasis on creating sustainable and vibrant environments. Brandywine Realty Trust aims to enhance the value of its properties through strategic repositioning and by fostering community engagement, delivering quality spaces that meet the needs of modern businesses and their employees.
Companies Reporting Before The Bell • ASML Holding (NASDAQASML) is projected to report quarterly earnings at $3.43 per share on revenue of $6.13 billion.
Brandywine Realty Trust cut its dividend because of declining occupancy rates and rising interest rates. The share price was already down substantially, but it fell another 20% to 25% as investors started selling this dividend stock.