Brixmor Property Group Reports First Quarter 2021 Results
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NEW YORK, May 3, 2021 /PRNewswire/ Brixmor Property Group Inc. (NYSE: BRX) ( Brixmor or the Company ) announced today its operating results for the three months ended March 31, 2021. For the three months ended March 31, 2021 and 2020, net income was $0.18 per diluted share and $0.20 per diluted share, respectively.
Key highlights for the three months ended March 31, 2021 include:
Continued improvement in rent collections, with 94.2% of billed based rent for the three months ended March 31, 2021 collected (as of April 27, 2021)
Including rent deferral and abatement agreements, total addressed billed base rent was 95.9% for the three months ended March 31, 2021 (as of April 27, 2021)