MALVERN, Pa., March 17 /PRNewswire-FirstCall/ -- Liberty Property Trust (NYSE: LRY) announced today that its board of trustees has declared a dividend of $0.625 per share on the company's common shares of beneficial interest for the first quarter of 2008. The dividend will be paid on April 15, 2008 to shareholders of record on April 1, 2008.

Liberty Property Trust (NYSE: LRY) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 74 million square foot portfolio includes more than 700 properties which provide office, distribution and light manufacturing facilities to 2,100 tenants.