Navigation Links
BioMed Realty Trust Reports Third Quarter 2008 Financial Results
Date:10/29/2008

s on the operating front, combined with our conservative approach to our capital structure, have enabled us to maintain our focus throughout these extremely turbulent, challenging times, and position us well to take advantage of the opportunities we see in our business. We remain confident in the fundamental long-term demand drivers for the life science industry, and in turn for life science real estate," commented Alan D. Gold, President and Chief Executive Officer of BioMed Realty Trust.

Third Quarter 2008 Financial Results

Rental revenues for the quarter were $59.4 million, representing a 20.2% increase versus the third quarter of 2007. Same property net operating income increased 7.3% on a cash basis for the third quarter of 2008 compared to the third quarter of 2007.

Total revenues for the quarter were $80.8 million, compared to $64.8 million in the third quarter of 2007. Net income available to common stockholders for the quarter was $13.0 million, or $0.18 per diluted share, compared to $12.2 million, or $0.19 per diluted share, in the third quarter of 2007.

FFO during the quarter was $35.6 million, representing a 15.5% increase versus the third quarter of 2007. FFO per diluted share was $0.48 for the third quarter of 2008 versus $0.45 in the third quarter of 2007.

FFO is a supplemental non-GAAP financial measure used in the real estate industry to measure and compare the operating performance of real estate companies. A complete reconciliation containing adjustments from GAAP net income available to common stockholders to FFO and a definition of FFO are included at the end of this release.

Financing Activity

As of September 30, 2008, the company's consolidated debt included fixed-rate mortgage indebtedness with an aggregate outstanding principal amount of $354.8 million, including $9.3 million of debt premium, and a weighted-average effective interest rate of 5.5% at quarter-end; the company's $250 million sec
'/>"/>

SOURCE BioMed Realty Trust, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13

Related biology technology :

1. Serica Technologies Expands Facilities in Massachusetts, Combines State-Of-The-Art Textile Engineering and Biomedical Manufacturing
2. BioMed Realty Trust Declares Third Quarter 2007 Common Stock and Preferred Stock Dividends
3. CryoLife Signs Distribution Agreement for Inclusion of BioGlue(R) Surgical Adhesive in Hernia Repair Kit with Proxy Biomedical Surgical Meshes
4. Verax Biomedical Receives 510 (k) Clearance from FDA for Platelet PGD Test
5. SLIM Search, Inc. Sponsors Next Generation Sequencing Conference for the Biomedical Market
6. NCIIA Announces Launch of 4th Annual Student Biomedical Innovation Competition
7. New Scientists Boost Disease-based Research at Boston Biomedical Research Institute
8. Foundation for Biomedical Research Board Chairman Awarded Congressional Gold Medal
9. Crux Biomedical Announces First Successful U.S. Implant of Its New Retrievable Inferior Vena Cava (IVC) Filter
10. Environmental Tectonics Corporations BioMedical Division Announces New Contract
11. Avery Biomedical Devices, Inc. Appoints Elefteriades to its Board of Directors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2014)... 2014 METTLER TOLEDO is pleased ... measuring device CNS110 ScanTape™ . Replacing a ... offering greater ease and accuracy for transport and ... significantly enhance productivity—an important benefit for load planning ... equals profits. , Usable at any point ...
(Date:9/22/2014)... 22, 2014  Spherix Incorporated (SPEX) -- an intellectual property ... property, today announced that the United States Patent & Trademark ... the month of September that is part of a standard ... is: USRE45,121 , Application number: US 13/728,867 ... Dec 27, 2012 The listed inventors of ...
(Date:9/21/2014)... the first time, scientists have discovered how to produce ... and stiffness greater than that of today,s strongest nanotubes ... research team led by John V. Badding, a professor ... in the 21 September 2014 issue of the journal ... of view, our discovery is intriguing because the threads ...
(Date:9/20/2014)... PITTSFIELD, Massachusetts, USA (PRWEB) September 20, 2014 ... the prestigious 2015 Prism Awards for Photonics Innovation ... inventions from the multi-billion dollar optics and photonics industry, ... for optics and photonics , and Photonics Media ... well as the versatility of photonics, said SPIE CEO ...
Breaking Biology Technology:ScanTape™ Handheld Dimensioner Increases Processing Volume 2Spherix Notified by United States Patent & Trademark Office of New Standard Essential Patent Issued to Spherix 2Spherix Notified by United States Patent & Trademark Office of New Standard Essential Patent Issued to Spherix 3Smallest possible diamonds form ultra-thin nanothreads 2Smallest possible diamonds form ultra-thin nanothreads 3Smallest possible diamonds form ultra-thin nanothreads 4Entry deadline is 10 October for international photonics Prism Awards 2Entry deadline is 10 October for international photonics Prism Awards 3Entry deadline is 10 October for international photonics Prism Awards 4
... could be illegal , ,While Republican leaders in ... Gov. Jim Doyles Grow Wisconsin program, Sen. Ted Kanavas ... issue with the provisions for the state-funded venture capital ... proposed use of funds from the Patients Compensation Fund ...
... Your 4 year old has stomach pains, and you drive to ... personal medical information including her medical history and your billing and ... to remember if you told the person at the front desk ... triage nurse does not see bleeding or an apparent emergency. Next ...
... great perk to traveling getting to see what the rest ... vacationing with the family for spring break, content to play a ... confronted with a barrage of hype over Arizonas biotech efforts. While ... the buzz over Arizonas efforts to invest in technology. , ...
Cached Biology Technology:Republicans criticize Doyles growth package 2Republicans criticize Doyles growth package 3Republicans criticize Doyles growth package 4Childrens Medical Hospital of Wisconsin Goes Digital 2Childrens Medical Hospital of Wisconsin Goes Digital 3Childrens Medical Hospital of Wisconsin Goes Digital 4Commentary: Is our Biosphere too cheesy? 2
(Date:9/22/2014)... one of seven institutions in the country selected ... receive this year,s BEST Award a $2 ... university,s most promising biomedical sciences graduate trainees to ... that they have traditionally taken. , The award ... for Biomedical Scientists (iJOBs) program. It includes courses, ...
(Date:9/22/2014)... of 2,819 people have occurred in the wake of ... the Eldorado National Forest. The King Fire is ... the American River Canyon, Silver Creek Canyon, and the ... The fire has crossed into Placer County and burned ... National Forest. The anticipated spread is expected to be ...
(Date:9/21/2014)... Nations General Assembly events focussed on ways to save ... Grand Challenges Canada, funded by the Government of Canada, ... ideas to address this challenge. , The novel approaches ... mothers working in garment factories to express, pasteurize and ... absenteeism due to child illnesses, and lowering baby formula ...
Breaking Biology News(10 mins):Rutgers receives $2 million grant to prepare biomedical students for roles in industry 2Rutgers receives $2 million grant to prepare biomedical students for roles in industry 3Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 2Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 3Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 4Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 5Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 6Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 7Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 8Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 9Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 10Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 11Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 12Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 13Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 14Canada funds 22 innovative projects to help save 'Every Woman, Every Child' 15
... Jolla--Dr. Fred Gage, a professor in the Salk Institute ... John Adler Chair for Research on Age-Related Neurodegenerative Diseases, ... National Institutes of Health (NIH) Director,s Transformative Research Projects ... throughout the country and will be supported with a ...
... 28 Researchers at the John G. Rangos Sr. ... and the University of Pittsburgh School of Medicine have ... management of insulin and new glucose production, which could ... published online this week in Diabetes , a ...
... Rome, Italy The International Council for ... has established a major 10-year initiative which aims ... change for sustainability. This new international collaboration effort, ... coordination for science to respond to the most ...
Cached Biology News:Pitt team identifies key protein causing excess liver production of glucose in diabetes 2Research solutions for sustainability in a rapidly changing world 2
... cDNA Purification Kit is designed to purify double-stranded ... cDNA synthesis and PCR. The process is simple ... to 3 g can be efficiently purified and ... 1) DNA is bound to the Microfilter Cartridge ...
Normal donkey serum collected from healthy normal donkeys....
Whole blood is collected from canines (any breed, either sex), refrigerated within 6 hours, processed within 24 hours and frozen at -20C....
... Error-free cloning of BAC (100+kb), fosmid (40kb), ... insert stability than any othe BAC vector. ... high yields and easy recombinant DNA purification. ... transcription-free (pSMART VC) vectors for the highest ...
Biology Products: