Brandywine Realty Trust · NYSE:BDN
Brandywine Realty Trust — Q1 2023 Earnings Presentation
6 slides from Brandywine Realty Trust's earnings presentation, Apr 20, 2023
Slide 1: Our Business Plan
Our Business Plan High Quality Mixed-Use Operational Excellence Key Constructs z Stableplatformsupports growth strategy Land Inventory withlowerforwardrollover risk Landbankthatcandeliver10MSF z Steady&improvingmarketswithtop potentialmixedͲuseFARwithvery qualityproduct lowbasis z Benefitingfromfl
Slide 2: Austin's Second Downtown… Uptown ATX
Austin’s Second Downtown… AUSTIN, TX Project Overview UptownATXwillbeamixedͲuse,66Ͳacre transitͲorientedcommunity.Theexisting buildingstotal913,000SFofwhichIBM occupies65%.Onceredeveloped,theproject willincludeoffice,multiͲfamily,hotels,retail andanewCapMetrolightrailstation. UptownATXsitsatthep
Slide 3: Accelerating Life Science… Schuylkill Yards
Accelerating Life Science… PHILADELPHIA, PA Overview WearethemasterdeveloperofSchuylkillYards, amultiͲphasedevelopmentofresidential,life science,researchandacademicfacilities,office, retailandhospitalityspace. Adjacenttothenation's3rdbusiestrailstation, theproject willbeoneofthemosttransitͲrich
Slide 4: Value Creation Through Development
Value Creation Through Development 3025 JFK | Philadelphia, PA 405 Colorado | Austin, TX 250 King of Prussia | Radnor, PA GroundupJVdevelopmentproject Groundupdevelopmentof206KSF Recycledoffice/landholdingand consistingof200KSFoflifescience/ officebuildingwith520space convertedinto168KSFlifesc
Slide 5: Environmental, Social, & Governance (ESG) Highlights
Environmental, Social, & Governance (ESG) Highlights As a pioneer of sustainable commercial real estate, Brandywine remains committed to the continual improvement of our operations, portfolio performance, and community impact. LEADERSHIP AND RECOGNITION Received2022GRESBGreenStarfor theeighthconsecu
Slide 6: 2023 Business Plan Goals (as of 4/14/23)
2023 Business Plan Goals (asof4/14/23) 2023 YearͲendSSOccupancy 90 Ͳ 91% YearͲendCoreOccupancy 90Ͳ 91% YearͲendCoreLeased 91Ͳ 92% Dispositions $100Ͳ $125MM FourPoints,Austin,TX 2023 Acquisitions NoneIncorporated SameStoreNOIIncrease $17Ͳ $19MM SpecRevenue GAAP 0Ͳ 2% 71%achieved CASH 2.5Ͳ 4.5% Capita
Brandywine Realty Trust — Q1 2023 Earnings Presentation on 6ix