Phillips Edison & Co. Inc. (PECO), a publicly traded retail REIT, highlighted its portfolio of 328 properties totaling 34 million square feet, with 95% of annualized base rent $(ABR)$ derived from grocery-anchored centers and 84% from centers anchored by the #1 or #2 grocer in the market. The company reported a leased portfolio occupancy rate of 98% and a total enterprise value exceeding $7.2 billion. PECO emphasized its focus on neighborhood centers, which account for the highest percentage of net operating income among retail REIT peers, and noted its ongoing development and redevelopment pipeline. The company reported a trailing 12-month net debt to adjusted EBITDAre ratio of 5.3x and a dividend yield of 3.7% based on an annualized rate of $1.30 per share. You can access the full presentation through the link below.
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. Phillips Edison & Co. Inc. published the original content used to generate this news brief on January 07, 2026, and is solely responsible for the information contained therein.
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