Brixmor Property Group (BRX) Reports Q3 FFO of $0.36

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Go back to Brixmor Property Group (BRX) Reports Q3 FFO of $0.36

Brixmor Property Group Reports Third Quarter 2020 Results

November 4, 2020 4:05 PM EST

NEW YORK, Nov. 4, 2020 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended September 30, 2020.  For the three months ended September 30, 2020 and 2019, net income was $0.09 per diluted share and $0.27 per diluted share, respectively.

Key highlights for the three months ended September 30, 2020 include:

Executed 2.2 million square feet of new and renewal leases, with rent spreads on comparable space of 5.7%, including 0.7 million square feet of new leases, with rent spreads on comparable space of 14.1% Realized total leased... More