Brixmor Property Group (BRX) Company Report

Brixmor Property Group Inc. authorized a new share repurchase program for up to $400 million of its common stock, replacing a previous program and set to expire on October 28, 2028.
On October 28, 2025, the company also entered into Equity Distribution Agreements, allowing it to sell up to an aggregate gross sales price of $400 million of common stock through various sales agents.

Oct 29, 2025, 9:26 PM

8-K

Brixmor Property Group Reports Q3 2025 Results, Increases Dividend, and Updates FFO Guidance

BRX

Earnings

Guidance Update

Dividends

Brixmor Property Group reported NAREIT FFO of $0.56 per share and same-property NOI growth of 4% for the third quarter of 2025.
The company executed 1.5 million square feet of new and renewal leases at a blended cash spread of 18%, with new leases signed at a record rate of $25.85 per square foot. Small shop occupancy reached a record 91.4%.
A record high of $22 million of new ABR commenced during the quarter, contributing to a signed but not yet commenced rent pipeline totaling $60 million.
Brixmor increased its annual dividend by 7% to $1.23 and updated its full-year FFO guidance to $2.23 to $2.25.
The company closed on a $223 million acquisition and has approximately $190 million of value-add acquisitions under control, expecting to be net acquirers by year-end, while year-to-date dispositions totaled $148 million.

Oct 28, 2025, 2:00 PM

Transcript

Brixmor Property Group Reports Q3 2025 Results

BRX

Earnings

Guidance Update

Dividends

Brixmor Property Group reported NAREIT FFO of $0.56 per share in the third quarter of 2025, driven by same-property NOI growth of 4%.
The company executed 1.5 million square feet of new and renewal leases at a blended cash spread of 18%, with new leases signed at a record rate of $2,585 per square foot. Small shop occupancy reached a record 91.4%.
Brixmor increased its annual dividend by 7% to $1.23 and updated its FFO guidance to $2.23 to $2.25 for the year, while affirming its same-property NOI range of 3.9% to 4.3%.
The company closed on the $223 million acquisition of LaCenterra at Cinco Ranch, recorded $148 million in disposition volume year to date, and has approximately $190 million of value-add acquisitions under control, expecting to be net acquirers at year-end.

Oct 28, 2025, 2:00 PM

Transcript

Brixmor Property Group Reports Strong Q3 2025 Results, Increases Dividend, and Updates FFO Guidance

BRX

Earnings

Guidance Update

Dividends

Brixmor Property Group reported NAREIT FFO of $0.56 per share and 4% same-property NOI growth for the third quarter of 2025.
The company executed 1.5 million sq ft of new and renewal leases at a blended cash spread of 18%, with new leases signed at a record rate of $2,585 per square foot. The signed but not yet commenced rent pipeline totals $60 million.
Brixmor announced a 7% increase in its annual dividend to a rate of $1.23 per share.
The company updated its FFO guidance to $2.23-$2.25 and affirmed its same-property NOI range of 3.9%-4.3% for the full year.
Brixmor closed on a $223 million acquisition of LaCenterra at Cinco Ranch and has approximately $190 million of value-add acquisitions under control, expecting to be a net acquirer by year-end.

Oct 28, 2025, 2:00 PM

Transcript

Brixmor Property Group Inc. Reports Q3 2025 Results, Increases Dividend, and Updates Guidance

BRX

Earnings

Dividends

Guidance Update

Brixmor Property Group Inc. reported net income of $0.31 per diluted share and Nareit FFO of $0.56 per diluted share for the three months ended September 30, 2025.
The company increased its quarterly dividend by 7.0% to $0.3075 per common share and reported a 4.0% increase in same property NOI for the third quarter of 2025.
Brixmor updated its 2025 Nareit FFO per diluted share expectations to $2.23 - $2.25 from $2.22 - $2.25 and affirmed same property NOI growth expectations of 3.90% - 4.30% for 2025.
Brian T. Finnegan was appointed interim Chief Executive Officer, effective October 16, 2025.
The company executed 1.5 million square feet of new and renewal leases with rent spreads on comparable space of 17.8% and achieved total leased occupancy of 94.1% in Q3 2025.

Oct 27, 2025, 8:06 PM

8-K

Brixmor Property Group Reports Q3 2025 Results, Updates Guidance, and Increases Dividend

BRX

Earnings

Guidance Update

Dividends

Brixmor Property Group reported net income of $0.31 per diluted share and Nareit FFO of $0.56 per diluted share for the three months ended September 30, 2025, with a 4.0% increase in same property NOI.
The company updated its 2025 Nareit FFO per diluted share expectations to $2.23 - $2.25 and affirmed its 2025 same property NOI growth expectations of 3.90% - 4.30%.
Brixmor increased its quarterly dividend by 7.0% to $0.3075 per common share and issued $400.0 million of 4.850% Senior Notes due 2033.
During the third quarter of 2025, the company executed 1.5 million square feet of new and renewal leases with rent spreads of 17.8% on comparable space, achieved total leased occupancy of 94.1%, and completed $223.0 million in acquisitions and $81.2 million in dispositions.

Oct 27, 2025, 8:04 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for Brixmor Property Group.

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