Apr. 28 at 8:18 PM
$BRX delivers mixed Q1: Nareit FFO up to
$0.56/share (+3.7% YoY) with same-property NOI growth of 2.8%. Leasing remains strong - 47.5% rent spreads on new deals and 94.1% occupancy. CEO touts 'record in-place ABR' and
$390M reinvestment pipeline. Dividend holds at
$1.15 annualized. Execution offsets slight net income dip.
https://www.prnewswire.com/news-releases/brixmor-property-group-reports-first-quarter-2025-results-302440016.html