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Moody’s Updates Phillips Edison & Company Outlook to Positive

$PECOPress releaseJul 23, 2026, 4:22 PM ETRead the release

Moody's Ratings updated its outlook for Phillips Edison & Company to positive while affirming the company's Baa2 senior unsecured rating. The rating agency cited expectations for sustained solid operating performance, specifically highlighting portfolio occupancy of at least 97% and Q1 leasing spreads of 36.2%.

Key figures

Rating
Baa2
Total sq ft
33.9 million
Centers managed
330
States presence
31
Portfolio occupancy
at least 97%
Centers wholly owned
302
Leasing spreads q1 2026
36.2%
Re leasing spreads q1 2026
21.2%

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.