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Bradley Real Estate Declares Quarterly Dividends

    NORTHBROOK, Ill., Sept. 1 /PRNewswire/ -- Bradley Real Estate, Inc.
(NYSE: BTR) today declared a regular quarterly cash dividend on its common
stock of $0.37 per share and a regular quarterly cash dividend on its Series A
Preferred Stock of $0.525 per share.  Both classes of dividends are payable on
September 30,1999, to share owners of record on September 17,1999.  The common
stock dividend payment represents the company's 153rd consecutive quarterly
dividend payment to its common share owners.
    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 15.3 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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  • http://www.bradleyrealestate.com
    CONTACT:
    Thomas P. D'Arcy, Chairman and CEO of Bradley
    Real Estate, Inc., 847-272-9800; or Ellen McGinnis of The
    Financial Relations Board, 312-274-2233