THIS REPORT IS FILED SOLELY TO CORRECT EDGAR FORMATTING ERRORS IN
EXHIBIT 27.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A-1
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND
EXCHANGE ACT OF 1934
For the transition period from ____________________ to _____________________
Commission file number: 1-13130 (Liberty Property Trust)
1-13132 (Liberty Property Limited Partnership)
LIBERTY PROPERTY TRUST
LIBERTY PROPERTY LIMITED PARTNERSHIP
(Exact name of registrants as specified in their governing documents)
MARYLAND (Liberty Property Trust) 23-7768996
PENNSYLVANIA (Liberty Property Limited Partnership) 23-2766549
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer Identification Number)
65 Valley Stream Parkway, Suite 100, Malvern, Pennsylvania 19355
(Address of Principal Executive Offices) (Zip Code)
Registrants' Telephone Number, Including Area Code (610) 648-1700
Indicate by check mark whether the registrants (1) have filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding twelve (12) months (or for such shorter period that
the registrants were required to file such reports) and (2) have been subject
to such filing requirements for the past ninety (90) days. YES X NO
On August 9, 1996, 29,855,091 Common Shares of Beneficial Interest, par value
$.001 per share, of Liberty Property Trust were outstanding.
<PAGE>
_________________________________
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in this
Quarterly Report on Form 10-Q contain statements that are or will be forward-
looking, such as statements relating to acquisitions and other business
development activities, future capital expenditures and the effects of
regulation (including environmental regulation) and competition. Such
forward-looking information involves important risks and uncertainties that
could significantly affect anticipated results in the future and, accordingly,
such results may differ from those expressed in any forward-looking statements
made by, or on behalf of, the Company. These risks and uncertainties include,
but are not limited to, uncertainties affecting real estate businesses
generally (such as renewals of leases and dependence on tenants' business
operations), risks relating to acquisition, construction and development
activities, possible environmental liabilities, risks relating to leverage and
debt service (including sensitivity of the Company's operations to
fluctuations in interest rates), the potential for the use of borrowings to
make distributions necessary to qualify as a REIT, dependence on the primary
markets in which the Company's properties are located, the existence of
complex regulations relating to status as a REIT and the adverse consequences
of the failure to qualify as a REIT and the potential adverse impact of market
interest rates on the market price for the Company's securities.
2
<PAGE>
Item 6. Exhibits and Reports on Form 8-K
a. Exhibits
27 Financial Data Schedule (EDGAR VERSION ONLY)
b. Reports on Form 8-K
None
3
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
LIBERTY PROPERTY TRUST
/s/ Joseph P. Denny August 13, 1996
- -------------------------------- ------------------------------
Joseph P. Denny Date
/s/ George J. Alburger, Jr. August 13, 1996
- -------------------------------- ------------------------------
George J. Alburger, Jr. Date
LIBERTY PROPERTY LIMITED PARTNERSHIP
By: LIBERTY PROPERTY TRUST, GENERAL PARTNER
/s/ Joseph P. Denny August 13, 1996
- -------------------------------- -------------------------------
Joseph P. Denny Date
/s/ George J. Alburger, Jr. August 13, 1996
- --------------------------------- -------------------------------
George J. Alburger, Jr. Date
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheet at June 30, 1996 (unaudited) and the Consolidated
Statement of Operations for the Six Months Ended June 30, 1996 (unaudited) and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000921112
<NAME> LIBERTY PROPERTY TRUST
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 13,621
<SECURITIES> 0
<RECEIVABLES> 7,930
<ALLOWANCES> 1,025
<INVENTORY> 0
<CURRENT-ASSETS> 21,551
<PP&E> 1,002,878
<DEPRECIATION> 108,257
<TOTAL-ASSETS> 965,758
<CURRENT-LIABILITIES> 13,067
<BONDS> 535,154
0
0
<COMMON> 29
<OTHER-SE> 344,020
<TOTAL-LIABILITY-AND-EQUITY> 965,758
<SALES> 0
<TOTAL-REVENUES> 73,213
<CGS> 0
<TOTAL-COSTS> 19,807
<OTHER-EXPENSES> 17,151
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 18,567
<INCOME-PRETAX> 17,688
<INCOME-TAX> 0
<INCOME-CONTINUING> 17,688
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 17,688
<EPS-PRIMARY> .55
<EPS-DILUTED> .63
</TABLE>
