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Phillips Edison & Company Says Grocery-Anchored Demand Is Strong, Deals Active

Housing & Real EstateConsumer Demand & RetailCompany FundamentalsCorporate Guidance & Outlook

Phillips Edison said demand for grocery-anchored shopping centers remains strong after meetings at ICSC Las Vegas, supported by robust retailer expansion plans and limited supply. Management also pointed to continued acquisition opportunities, indicating a favorable operating backdrop for the REIT.

Analysis

Phillips Edison said demand for grocery-anchored shopping centers remains strong after meetings at ICSC Las Vegas, supported by robust retailer expansion plans and limited supply. Management also pointed to continued acquisition opportunities, indicating a favorable operating backdrop for the REIT.

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