布兰迪维因房地产信托 2024年度报告

(Mark One) ☐Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the fiscal year ended December 31, 2024OR ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period fromtoBrandywine Realty TrustBrandywine Operating Partnership, L.P.(Exact name of registrant as specified in its charter) 2929 Arch StreetSuite 1800Philadelphia, PA 19104(Address of principal executive offices) (Zip Code) (610) 325-5600(Registrant’s telephone number, including area code) Securities registered pursuant to section 12(b) of the Act: Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Brandywine Realty TrustYes☐No☐Brandywine Operating Partnership, L.P.Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act: Brandywine Realty Trust: Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Smaller reportingcompany☐Emerging growthcompany☐ Brandywine Operating Partnership, L.P.: Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Brandywine Realty Trust Brandywine Operating Partnership, L.P.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report. Brandywine Realty TrustYes☐No☐Brandywine Operating Partnership,L.P.Yes☐No☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. Brandywine Realty Trust☐ Brandywine Operating Partnership, L.P.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b) Brandywine Realty Trust☐Brandywine Operating Partnership, L.P.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Brandywine Realty TrustYes☐No☐Brandywine OperatingPartnership, L.P.Yes☐No☐ As of June 30, 2024, the aggregate market value of the Common Shares of Beneficial Interest held by non-affiliates of BrandywineRealty Trust was $743,992,592 based upon the last reported sale price of $4.48 per share on the New York Stock Exchange onJune 30, 2024. An aggregate of 173,070,657 Common Shares of Beneficial Interest was outstanding as of February 18, 2025. As of June 30, 2024, the aggregate market value of the 515,595 common units of limited partnership (“Units”) held by non-affiliatesof Brandywine Operating Partnership, L.P. was $2,309,866 based upon the last reported sale price of $4.48 per share on the NewYork Stock Exchange on June 30, 2024 of the Common Shares of Beneficial Interest of Brandywine Realty Trust, the sole general partner of Brandywine Operating Partnership, L.P. (For this computation, the Registrant has excluded the market value of all Unitsbeneficially owned by Brandywine Realty Trust.) Portions of the proxy statement for the 2024 Annual Meeting of Shareholders of Brandywine Realty Trust are incorporated byreference into Part III of this Form 10-K. EXPLANATORY NOTE This report combines the annual reports on Form 10-K for the year ended December 31, 2024 ofBrandywine Realty Trust (the “Parent Company”) and Brandywine Operating Partnership, L.P. (the“Operating Partnership”). The Parent Company is a Maryland real estate investment trust, or REIT, thatowns its assets and conducts its operations through the Operating Partnership, a Delaware limitedpartnership,and subsidiaries of the Operating Partnership.The Parent Company,the OperatingPartnership and their consolidated subsidiaries are collectively referred to in this report as the “Company.”In addition, terms such as “we”, “us”, or “our” used in this report may refer to the Company, the ParentCom