BioMed Realty Trust Reports Third Quarter 2007 Financi...( SAN DIEGO Nov. 7 /- BioMed Realty...),Health

SAN DIEGO, Nov. 7 /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 third quarter ended September 30, 2007.

Highlights:

-- Funds from operations (FFO) for the quarter were $30.8 million, or

$0.45 per diluted share

-- Net income available to common stockholders increased 13% to

$12.2 million versus the third quarter of 2006

-- Total assets of $3.0 billion at quarter end represented a 40.6%

increase from September 30, 2006

-- Executed 16 leasing transactions representing greater than 290,000

square feet, bringing the year-to-date total gross leasing transaction

volume to 741,000 square feet:

-- Thirteen new leases totaling approximately 146,000 square feet,

bringing the year-to-date 2007 total for new leases to

approximately 288,000 square feet, and

-- Three leases amended to extend their terms and totaling

approximately 144,000 square feet, bringing the year-to-date 2007

total for amendments, extensions and renewals to approximately

453,000 square feet

-- Increased the occupancy rate of our operating portfolio to 93.3%

-- Commenced construction on an approximately 280,000 square foot Class A

laboratory/office facility in East Cambridge, Massachusetts, owned by

our joint venture with Prudential Real Estate Investors

-- Closed on the acquisition of two properties located in our core markets

for total consideration of $49.0 million, bringing the 2007

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