Brandywine cuts 2026 FFO guidance to $0.45-$0.47 a share
BDN•Brandywine Realty Trust cut 2026 diluted FFO guidance to $0.45-$0.47 per share from $0.53-$0.57, while lowering its year-end net debt-to-EBITDA outlook to 7.8-8 times from 8.4-8.8 times.
1. Updated 2026 outlook
Brandywine Realty Trust lowered its 2026 diluted FFO guidance to $0.45-$0.47 per share from $0.53-$0.57. Core FFO guidance narrowed to $0.54-$0.56 per diluted share from $0.53-$0.57.
2. Debt and interest expense
The company lowered its year-end net debt-to-EBITDA guidance to 7.8-8 times from 8.4-8.8 times and forecast consolidated interest expense of $159 million-$162 million, down from $162 million-$165 million. Completed wholly owned dispositions reached $545 million, supporting $346.5 million of debt reduction at a blended interest rate of 7%.
