Brixmor Property Group Reports Record Occupancy and Increases Dividend Following Strong Q3 Results
Brixmor Property Group (NYSE: BRX) reported strong third-quarter 2026 operating results, characterized by record leased occupancy of 95.6% and significant leasing momentum. The company executed 1.6 million square feet of new and renewal leases, achieving a comparable rent spread of 25.3%. This performance led to an increase in same property Net Operating Income (NOI) of 6.6%. In addition to robust organic growth, Brixmor announced its entry into a definitive agreement to acquire Slate Grocery REIT in a transaction valued at approximately $2.34 billion. To reward shareholders, the company increased its quarterly dividend by 7.3% to $0.33 per share and raised its full-year 2026 Nareit FFO and same property NOI growth outlooks.
Tickers: $BRX
Topics: earnings report FFO leasing activity net income real estate
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