Item 8.01. Other Events

Liberty Property Trust ("Trust") and Liberty Property Limited Partnership ("Operating Partnership"), (collectively "Liberty") are re-issuing their historical financial statements in connection with Financial Accounting Standards Board ASC 360-10-05, "Impairment or Disposal of Long-Lived Assets" ("ASC 360"). During the nine months ended September 30, 2019, Liberty sold properties and in compliance with ASC 360 has reported revenue, expenses and net gains from the sale of these properties as discontinued operations for each period presented in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 (including the comparable periods of the prior year). In addition, Liberty concluded that the held for sale criteria in ASC 360 were met for certain other properties as of September 30, 2019 and reported the revenue and expenses from the operations of those properties as discontinued operations for each period presented in its September 30, 2019 Quarterly Report on Form 10-Q (including the comparable periods of the prior year). Under SEC requirements, a reclassification as discontinued operations in the manner required by ASC 360 is required for previously issued annual financial statements for each of the three years shown in Liberty's last Annual Report on Form 10-K if those financials are incorporated by reference in subsequent filings with the SEC made under the Securities Act of 1933, as amended, even though those financial statements relate to periods prior to the date of the sale. This reclassification has no effect on Liberty's reported net income available to common shareholders or funds from operations.

Liberty is also updating its historical financial statements in connection with Financial Accounting Standards Board ASC 280-10-10, "Segment Reporting" ("ASC 280"). During the nine months ended September 30, 2019, Liberty realigned its reportable segments and adjusted its calculation of segment-level net operating income. As required by ASC 280, consolidated financial statements issued by Liberty in the future will reflect modifications to Liberty's reportable segments resulting from the change described above, including reclassification of all comparative prior period segment information. Under SEC requirements, the same reclassification of comparative prior period segment information is required for previously issued annual financial statements for each of the years shown in Liberty's last Annual Report on Form 10-K if those financials are incorporated by reference in subsequent filings with the SEC made under the Securities Act of 1933, as amended, even though those financial statements relate to periods prior to the change in reportable segments. This reclassification has no effect on Liberty's reported net income available to common shareholders or funds from operations.

This Current Report on Form 8-K updates Items 6, 7, 7A, 8 and 15 of Liberty's Annual Report on Form 10-K for the year ended December 31, 2018 (the "Form 10-K"), to reflect the results of operations of Liberty's properties which have been sold or held for sale prior to September 30, 2019 as discontinued operations and to reflect the change in reportable segments. The updated financial information is attached to this Current Report on Form 8-K as Exhibit 99.1. All other items of the Form 10-K remain unchanged. No attempt has been made to update matters in the Form 10-K including projections of future activity except to the extent expressly provided above.

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired.

None.

(b) Pro Forma Financial Information.

None.

(c) Shell Company Transactions.



    None.

(d) Exhibits.

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Exhibit Number     Exhibit Title

                     Consent of Independent Registered Public Accounting Firm relating
23.1*              to the Trust

                     Consent of Independent Registered Public Accounting Firm relating
23.2*              to the Operating Partnership

                     Updated financial information for the years ended December 31,
99.1*              2018, 2017, 2016.

101.INS*           XBRL Instance Document

101.SCH*           XBRL Taxonomy Extension Schema Document

101.CAL*           XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF*           XBRL Taxonomy Extension Definition Linkbase Document

101.LAB*           XBRL Extension Labels Linkbase

101.PRE*           XBRL Taxonomy Extension Presentation Linkbase Document

                   Cover Page Interactive Data File (formatted as Inline XBRL and
           104     contained in Exhibit 101).


  ____________
* Filed herewith.

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