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Bradley Real Estate Declares Quarterly Dividends; Schedules 2000 Annual Meeting Date

    NORTHBROOK, Ill., Jan. 27 /PRNewswire/ -- The Board of Directors of
Bradley Real Estate, Inc. (NYSE: BTR) today declared a regular quarterly cash
dividend on its common stock of $0.38 per share.  The Board also declared a
regular quarterly cash dividend on its Series A Preferred Stock of $0.525 per
share. Both classes of dividends are payable on March 31, 2000, to share
owners of record on March 10, 2000.  The common stock dividend payment
represents the company's 155th consecutive quarterly dividend payment to its
common share owners.
    In addition, the Company announced that its 2000 Annual Meeting of
Stockholders is scheduled for May 11, 2000, 11:00 a.m. local time at
BANK ONE's corporate offices, 1 Bank One Plaza, 57th Floor, Chicago, Illinois
60670.  Stockholders of record on March 17, 2000 will be notified of the
meeting and are entitled to vote.
    Bradley Real Estate is the nation's oldest real estate investment trust
and a leading owner and operator of neighborhood and community shopping
centers located in the Midwest region of the United States.  The company owns
97 shopping centers located in 15 states aggregating 15.5 million square feet
of rentable space.
    To receive additional information on Bradley Real Estate free of charge
via fax, dial 1-800-PRO-INFO and enter "BTR" or visit the company's website at
http://www.bradleyrealestate.com .


SOURCE Bradley Real Estate, Inc.




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Related links:
  • http://www.bradleyrealestate.com
    CONTACT:
    Diane Rohlin of The Financial Relations
    Board, 312-640-6748; or Thomas P. D'Arcy, Chairman and CEO of
    Bradley Real Estate, Inc., 847-272-9800