secwatch.observer — SEC 8-K summary
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Issuer:     Brixmor Property Group Inc. (BRX)
CIK:        0001581068
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001581068-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brixmor Q1 FFO $0.58 vs $0.56 YoY; raises 2026 guidance on strong leasing and NOI growth
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- Net income per diluted share $0.41 (up from $0.23); Nareit FFO $0.58 (up from $0.56).
- Same property NOI grew 6.4% driven by 410 bps base rent; total leased occupancy 95.1%.
- Executed 1.3M sq ft leases with 27% rent spreads; new lease spreads 41.8%, renewal record 21.3%.
- 2026 Nareit FFO guidance raised to $2.34-$2.37 (prior $2.33-$2.37); same property NOI growth raised to 4.75%-5.5% from 4.5%-5.5%.
- Declared quarterly dividend $0.3075/share ($1.23 annual), unchanged; reinvestment pipeline $302.4M at 10% expected NOI yield.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581068/000158106826000020/0001581068-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581068/000158106826000020/brx-20260427.htm
  HTML page:      https://secwatch.observer/filing/0001581068-26-000020

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