Brixmor Property Group (BRX) Tops Q1 EPS by 6c

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Go back to Brixmor Property Group (BRX) Tops Q1 EPS by 6c

BRIXMOR PROPERTY GROUP REPORTS FIRST QUARTER 2022 RESULTS

May 2, 2022 4:05 PM EDT

NEW YORK, May 2, 2022 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2022.  For the three months ended March 31, 2022 and 2021, net income was $0.26 per diluted share and $0.18 per diluted share, respectively.

Key highlights for the three months ended March 31, 2022 include:

Executed 1.4 million square feet of new and renewal leases, with rent spreads on comparable space of 18.1%, including 0.8 million square feet of new leases,... More