Brixmor Property Group (BRX) Reports Q1 FFO of $0.44

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Brixmor Property Group Reports First Quarter 2021 Results

May 3, 2021 4:05 PM EDT

NEW YORK, May 3, 2021 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2021.  For the three months ended March 31, 2021 and 2020, net income was $0.18 per diluted share and $0.20 per diluted share, respectively.

Key highlights for the three months ended March 31, 2021 include: 

Continued improvement in rent collections, with 94.2% of billed based rent for the three months ended March 31, 2021 collected (as of April 27, 2021) Including rent deferral and abatement agreements, total addressed billed base rent was... More