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BioMed Realty Trust Reports Third Quarter 2008 Financial Results

y disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

(Financial Tables Follow)



(In thousands)

September 30, 2008 December 31, 2007



Investments in real estate, net $2,915,675 $2,805,983

Investments in unconsolidated

partnerships 20,296 22,588

Cash and cash equivalents 23,451 13,479

Restricted cash 8,291 8,867

Accounts receivable, net 7,284 4,457

Accrued straight-line rents, net 52,721 36,415

Acquired above-market leases, net 4,661 5,745

Deferred leasing costs, net 107,145 116,491

Deferred loan costs, net 12,057 15,567

Other assets 70,837 27,676

Total assets $3,222,418 $3,057,268


Mortgage notes payable, net $354,828 $379,680

Secured construction loan 500,998 425,160

Secured term loan 250,000 250,000

Exchangeable senior notes 175,000 175,000

Unsecured line of credit 266,660 270,947

Security deposits 7,469 7,090

Dividends and distributions payable 29,441

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

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