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To Shore Up Balance Sheets, REITs Like Brandywine Look to Divest Non-Core Assets PDF Print E-mail
Thursday, 08 October 2009 10:48
With loans still hard to come by, Brandywine Realty Trust is shoring up its balance sheet, reducing leverage and preparing for investment opportunities with the disposition of non-core assets, including two properties in Trenton, N.J. The REIT just completed the sale of the office buildings at 33 W. State St. and 50 E. State St., totaling 474,000 square feet, to a private investment group.




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