Brixmor Property Group (BRX) Tops Q1 FFO by 1c

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Brixmor Property Group Reports First Quarter 2019 Results

April 29, 2019 4:05 PM EDT

NEW YORK, April 29, 2019 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2019.  For the three months ended March 31, 2019 and 2018, net income was $0.21 per diluted share and $0.20 per diluted share, respectively.

Key highlights for the three months ended March 31, 2019 include:

Executed 1.7 million square feet of new and renewal leases at comparable rent spreads of 12.3%, including 0.7 million square feet of new leases at comparable rent spreads of 32.7% Executed 3.2 million square feet of total leasing... More