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BioMed Realty Trust Reports Fourth Quarter and Full-Year 2009 Financial Results
Date:2/10/2010

SAN DIEGO, Feb. 10 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc. (NYSE: BMR), a real estate investment trust focused on Providing Real Estate to the Life Science Industry®, today announced financial results for the fourth quarter and full-year ended December 31, 2009.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20091005/BIOMEDLOGO)

Fourth Quarter 2009 Highlights

  • Increased total revenues for the fourth quarter to $88.2 million, up 6.3% from $83.0 million for the same period in 2008.
  • Generated funds from operations (FFO) for the quarter of $0.28 per diluted share, or $28.0 million. Excluding the impact of the write-off of deferred loan fees and debt discount associated with the repurchase of exchangeable senior notes during the quarter, FFO would have been $0.31 per diluted share.
  • Executed 17 leasing transactions representing approximately 589,000 square feet:
    • Eleven new leases totaling approximately 326,000 square feet.
    • Six leases amended to extend their terms, totaling approximately 263,000 square feet.
  • Acquired three land parcels totaling approximately 36 acres adjacent to the company's The Landmark at Eastview campus in Tarrytown, New York for approximately $2.5 million.
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SOURCE BioMed Realty Trust, Inc.
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