Brixmor Targets Long-Term Same-Property NOI Growth of 4% or More

By Public Technologies20:19 (UTC), 26 October 2026 Updated

Brixmor expects the Slate transaction to immediately increase Nareit FFO per share, with closing anticipated in the first quarter of 2027.
The deal includes 23 shopping centers for $636 million; a joint venture with Everview Partners will acquire another 92 for $1.71 billion.
Expected leverage remains consistent with recent levels, with no reliance on equity issuance at current trading prices.
Long-term same-property NOI growth is targeted at 4% or more, supported by $69 million in signed but not yet commenced annual rent.
The annual dividend will increase 7% in 2027 to $1.32 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brixmor Property Group Inc. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.