BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER RESULTS WITH STRONG LEASING DEMAND DRIVING OCCUPANCY TO RECORD HIGHS; INCREASES DIVIDEND OVER 7% AND RAISES OUTLOOK
Key Highlights
- ➤2026 Nareit FFO per share guidance raised to $2.36-$2.38 from $2.35-$2.37
- ➤Same-property NOI growth guidance increased to 5.50%-5.75% from 5.00%-5.75%
- ➤Total leased occupancy reached record 95.6%; small-shop occupancy hit record 92.8%
- ➤Q3 Nareit FFO rose to $0.60 per diluted share from $0.56
- ➤Slate Grocery REIT acquisition values transaction at approximately $2.34 billion
Expert Statements
Brian T. Finnegan, Chief Executive Officer and President of Brixmor Property Group
“Our third quarter results were highlighted by continued leasing momentum, strong same property NOI growth, and record occupancy,”
Brian T. Finnegan, Chief Executive Officer and President of Brixmor Property Group
“These results reinforce the strength of our operating platform, while the growth embedded in our signed but not yet commenced pipeline and reinvestment program provide exceptional visibility into future earnings and cash flow growth.”
Brian T. Finnegan, Chief Executive Officer and President of Brixmor Property Group
“We are excited to build on this momentum through the Slate Transaction by expanding our opportunity set and creating additional avenues to drive long-term shareholder value.”
BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER RESULTS WITH STRONG LEASING DEMAND DRIVING OCCUPANCY TO RECORD HIGHS; INCREASES DIVIDEND OVER 7% AND RAISES OUTLOOK PR Newswire
NEW YORK, Oct. 26, 2026 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and nine months ended September 30, 2026. For the three months ended September 30, 2026 and 2025, net income attributable to Brixmor Property Group Inc. was $0.28 per diluted share and $0.31 per diluted share, respectively, and for the nine months ended September 30, 2026 and 2025, net income attributable to Brixmor Property Group Inc. was $0.94 per diluted share and $0.81 per diluted share, respectively.
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