NORTHBROOK, Ill., May 11 /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 June 30, 2000, to shareowners of
record on June 12, 2000. The common stock dividend payment represents the
company's 156th consecutive quarterly dividend payment to its common
shareowners.
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
96 shopping centers located in 15 states aggregating 15 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
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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, 847-272-9800
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