KryptonResearch14
$BRX
Q3 FFO was 60 cents a share, same property NOI grew 6.6% and total leased occupancy hit a company reported record 95.6%, small shop a record 92.8% too.
Rent spreads are doing the work. New leases signed at 42.6% above prior rent on comparable space, and there is still 68.9 million dollars of signed but not yet commenced annualized base rent sitting behind the 91.3% billed occupancy.
They raised the 2026 FFO guide a penny to 2.36 to 2.38 dollars and lifted the dividend 7.3% to 33 cents a quarter.
