Brandywine Realty Trust forecasts 2026 FFO per share of $0.53-$0.57
BDN•Balance sheet and capital plan
Business plan targets net debt to EBITDA of 8.4-8.8x; fixed charge coverage ratio of 1.8-2.0x.
Plan calls for USD 305 million of dispositions excluding land; USD 208 million completed, with USD 120-140 million debt or share buybacks mainly in 3Q-4Q.
2026 outlook and operating assumptions
Brandywine forecast 2026 FFO per share of USD 0.53-0.57; net loss attributable to common shareholders per share of USD (0.45)-(0.41).
2026 outlook includes consolidated interest expense of USD 162-165 million; general and administrative expenses of USD 36-37 million.
Guidance assumes same-store NOI change of (1.0%)-1.0% on a GAAP basis; 0-2.0% on a cash basis.




