---
title: "BDN: Leasing and asset sales outperformed guidance, supporting improved balance sheet metrics"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293642442.md"
description: "Second quarter results exceeded expectations, with strong leasing in Philadelphia and asset sales surpassing guidance. Leverage remains elevated but is expected to improve as sales and recapitalizations close, while most proceeds are allocated to debt reduction and select share buybacks.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-23T15:45:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293642442.md)
  - [en](https://longbridge.com/en/news/293642442.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293642442.md)
generator: "portal-rs"
---

# BDN: Leasing and asset sales outperformed guidance, supporting improved balance sheet metrics

Second quarter results exceeded expectations, with strong leasing in Philadelphia and asset sales surpassing guidance. Leverage remains elevated but is expected to improve as sales and recapitalizations close, while most proceeds are allocated to debt reduction and select share buybacks.

Based on 

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**