Welcome to our dedicated page for Brixmor Ppty Group news (Ticker: BRX), a resource for investors and traders seeking the latest updates and insights on Brixmor Ppty Group stock.
Brixmor Property Group Inc (NYSE: BRX), a leading owner/operator of open-air shopping centers, provides this centralized hub for all corporate news and press releases. Investors and industry stakeholders will find timely updates on strategic initiatives, financial performance, and portfolio developments within the retail REIT sector.
This resource offers verified updates including quarterly earnings reports, property acquisitions, tenant lease agreements, and redevelopment projects. Content is organized to help users efficiently track BRX's operational milestones, market positioning, and value-creation strategies in the competitive retail real estate landscape.
Key updates cover three focus areas: financial disclosures (earnings calls, dividend announcements), portfolio enhancements (property repositioning, anchor tenant renewals), and strategic investments (acquisitions, joint ventures). All content maintains strict editorial standards to ensure relevance and accuracy for informed decision-making.
Bookmark this page for direct access to BRX's official communications, supplemented with contextual analysis of material developments affecting the company's market position. Regular updates ensure stakeholders remain informed about this retail REIT's progress in optimizing its nationwide portfolio of community shopping centers.
Brixmor Property Group (NYSE: BRX) reported its Q1 2021 results, with net income of $52.4 million, or $0.18 per diluted share, down from $59.8 million in the previous year. Rent collections improved, with 94.2% of billed base rent collected. The company executed 1.4 million square feet of new leases, achieving 7.0% rent spreads. NAREIT FFO was $130.5 million, at $0.44 per diluted share, reflecting uncollectible revenues of $4.3 million. The board declared a quarterly dividend of $0.215. Guidance for 2021 NAREIT FFO per diluted share was updated to $1.60-$1.70.
Brixmor Property Group (NYSE: BRX) is set to release its first quarter earnings for 2021 on May 3, 2021, following the market's close. A teleconference is scheduled for May 4, 2021, at 10:00 AM ET. Investors can access the live webcast via Brixmor's website. The company operates a substantial portfolio of 393 retail centers, totaling approximately 69 million square feet. Brixmor is committed to being integral to its communities, partnering with around 5,000 retailers.
Brixmor Property Group (NYSE: BRX) has priced an offering of $350 million in 2.250% Senior Notes due April 1, 2028, issued at 99.817% of par value. Interest payments will occur semi-annually starting October 1, 2021. The proceeds will primarily be used for general corporate purposes, including repayment of a term loan maturing December 12, 2023. The offering is expected to close on March 5, 2021. Barclays Capital, J.P. Morgan, Truist, and Wells Fargo are the joint book-running managers. Investors should consult the SEC filing for complete offering details.
Brixmor Property Group (NYSE: BRX) will present at the 2021 Citi Virtual Global Property CEO Conference on March 8, 2021, from 3:30 PM to 4:05 PM ET. Investors can access the live webcast on Brixmor's website. The replay will be available until March 8, 2022. Brixmor, a leader in real estate investment trusts, operates a high-quality portfolio of retail centers totaling approximately 69 million square feet across 393 retail locations. The firm focuses on being integral to the communities it serves.
Brixmor Property Group (NYSE: BRX) reported Q4 2020 earnings showing a net income of $0.08 per diluted share, down from $0.21 in Q4 2019. For the full year, net income decreased to $0.41 from $0.92 per diluted share. Rent collections improved to 92.7%, with 1.4 million square feet leased. Same property NOI fell by 6.4% in Q4, impacted by $11.2 million in uncollectible revenues due to COVID-19. NAREIT FFO was $99.7 million for Q4, down from $142.1 million. The company stabilized $20.9 million of projects, and announced a quarterly cash dividend of $0.215, payable April 15, 2021.
Brixmor Property Group (NYSE: BRX) announced tax reporting information for its 2020 distributions on common stock. The key details include an ex-dividend date of January 3, 2020, with a record date of January 6, 2020, and a payable date of January 15, 2020. The total distribution amounts to $0.57000 per share, with all distributions classified as ordinary dividends. These distributions are significant for investors tracking tax implications for the year.
Brixmor Property Group Inc. (NYSE: BRX) has completed the redemption of $316.8 million in 3.875% Senior Notes due 2022, totaling $337.3 million including accrued interest. This redemption, executed on December 18, 2020, resulted in a loss on extinguishment of debt estimated at $17.5 million for Q4 2020. The company funded the redemption with available cash. Brixmor owns and operates 395 retail centers across the U.S., emphasizing community-centered shopping experiences.
Brixmor Property Group (NYSE: BRX) is set to release its 2020 fourth quarter earnings on February 11, 2021, after market close. This will be followed by a teleconference on February 12, 2021, at 10:00 AM ET. Investors and analysts can access the live webcast on the company’s website under the Investors tab.
Additionally, the earnings call replay will be available until February 26, 2021, providing insights on the company’s performance and strategic initiatives.
Brixmor Property Group (NYSE: BRX) will redeem all of its 3.875% Senior Notes totaling $316,849,000 on December 18, 2020. This redemption includes a make-whole premium and accrued interest. The notice of redemption was sent to noteholders on December 3, 2020. The Senior Notes were issued under an Indenture with The Bank of New York Mellon as the trustee. Brixmor operates 395 retail centers across the U.S., and the announcement comes amid ongoing uncertainties related to the COVID-19 pandemic affecting the real estate market.
