NORTHBROOK, Ill., Nov. 25 /PRNewswire/ -- Bradley Real Estate, Inc. (NYSE:
BTR) announced today that its Board of Directors has declared an
increase in its regular quarterly dividend to 35 cents per share from 33
cents per share, payable on December 31, 1997, to shareholders of record
on December 9, 1997. This payment represents the 146th consecutive
quarterly dividend payment paid by Bradley.
Bradley Real Estate, Inc. is the nation's oldest real estate investment
trust (REIT). The company is a leading owner and operator of
neighborhood and community shopping centers located in the Midwest
region of the United States. The company owns 46 properties in 11
states aggregating 8.8 million square feet of rentable space.
SOURCE Bradley Real Estate, Inc.
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CONTACT:
Thomas P. D'Arcy, President and CEO of
Bradley Real Estate, Inc., 847-272-9800; or Jenifer Estabrook of
The Financial Relations Board, 312-640-6787
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