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BioMed Realty Trust Reports First Quarter 2008 Financial Results

ly reports on Form 10-Q. The company 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, except share and per share data)

March 31, December 31,

2008 2007



Investments in real estate, net $2,868,432 $2,805,983

Investment in unconsolidated partnerships 21,356 22,588

Cash and cash equivalents 19,383 13,479

Restricted cash 8,351 8,867

Accounts receivable, net 4,716 4,457

Accrued straight-line rents, net 40,682 36,415

Acquired above-market leases, net 5,374 5,745

Deferred leasing costs, net 112,334 116,491

Deferred loan costs, net 14,554 15,567

Other assets 30,767 27,676

Total assets $3,125,949 $3,057,268


Mortgage notes payable, net $377,675 $379,680

Secured construction loan 457,628 425,160

Secured term loan 250,000 250,000

Exchangeable senior notes 175,000 175,000

Unsecured line of credit 310,747 270,947


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

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