Brixmor Property Group Q3 FFO rises, dividend up 7.3%
BRX•Brixmor Property Group said third-quarter Nareit FFO rose year over year and raised its quarterly dividend 7.3% to $0.33. It raised its 2026 Nareit FFO outlook to $2.36-$2.38 per diluted share.
1. Quarterly results
Brixmor Property Group reported third-quarter Nareit FFO of $184.6 million. Same-property NOI rose 6.6% year over year, with higher base rent contributing significantly to the increase.
2. Dividend and outlook
The company raised its quarterly dividend 7.3% to $0.33. It raised its 2026 Nareit FFO outlook to $2.36-$2.38 per diluted share and expects same-property NOI growth of 5.50%-5.75%; revenues deemed uncollectible are expected to be 60-85 basis points of 2026 revenues. Strong leasing activity and higher rent spreads drove occupancy to record highs, the company said.
