The retail REIT raised its full-year 2026 FFO guidance after reporting 5.8% same-property NOI growth in Q2 2026.
Brixmor Property Group increased its 2026 funds from operations guidance to $2.35-$2.37 per share, up from prior projections. The revision follows a 5.8% rise in same-property net operating income for Q2 2026, exceeding the new 5%-5.75% annual target range.
The company reported Q2 2026 FFO of $0.58 per share, alongside record small shop occupancy and a robust pipeline of signed but not yet commenced leases. Management attributed the performance to strong leasing activity and operational execution.
No immediate market reaction was disclosed in the earnings call summary.