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Phillips Edison Expects 3%-4% Long-Term Same-Center NOI Growth
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Phillips Edison Expects 3%-4% Long-Term Same-Center NOI Growth
  • Phillips Edison expects long-term core FFO per share growth in the mid-to-high single digits, supported by internal growth and acquisitions.
  • Same-center NOI is projected to grow 3%-4% long term without occupancy gains; leased portfolio occupancy reached 97.3% at June 30, 2026.
  • Development and redevelopment spending targets $75 million-$100 million annually; 21 projects under construction carry estimated yields of 9%-12%.
  • Everyday Retail investments could reach $700 million-$1 billion over five years, representing up to 10% of the portfolio.
  • About $294 million was invested in 13 Everyday Retail centers since 2023, with underwritten unlevered returns exceeding 10%.


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 October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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