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BDN vs SRG

Brandywine Realty Trust and Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01

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Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in Philadelphia, PA and Austin, TX. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 120 properties and 18.9 million square feet as of September 30, 2025. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together.

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Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01

Prior to the adoption of the Company's Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. As of September 30, 2025, the Company's portfolio consisted of interests in 13 properties comprised of approximately 1.3 million square feet of gross leasable area ("GLA") or build-to-suit leased area and 198 acres of land. The portfolio encompasses eight consolidated properties consisting of approximately 0.8 million square feet of GLA and 113 acres (such properties, the "Consolidated Properties") and five unconsolidated entities consisting of approximately 0.5 million square feet of GLA and 85 acres (such properties, the "Unconsolidated Properties").

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