Phillips Edison & Company, Inc., an internally managed real estate investment trust that invests in grocery-anchored shopping centers, plans to host a live conference call presentation on April 15, 2020 at 1:30 p.m. ET to discuss its mitigation plan in response to the COVID-19 pandemic.
Chairman and chief executive officer Jeff Edison, president Devin Murphy, and chief financial officer John Caulfield will host the live conference call presentation.
Following management’s prepared remarks, there will be a question and answer session where questions may be submitted via the webcast interface during the call. Questions may also be submitted before the call by emailing InvestorRelations@phillipsedison.com.
Date: Wednesday, April 15, 2020
Time: 1:30 p.m. Eastern Time
Webcast link: https://services.choruscall.com/links/peco200415.html
U.S. listen-only: (888) 346-2646
A webcast replay will be available approximately one hour after the presentation has ended.
The company recently decided to suspend monthly distributions, share repurchases, and its distribution reinvestment plan in light of the coronavirus pandemic, indicating that the suspensions will be temporary.
Last year, Phillips Edison & Company announced plans to merge with Phillips Edison Grocery Center REIT III Inc., an affiliated non-traded REIT it co-sponsors with Griffin Capital Company. Phillips Edison Grocery Center REIT III shareholders approved the merger in November 2019.
Phillips Edison & Comp any Inc. (formerly known as Phillips Edison Grocery Center REIT I Inc.) is one of the nation’s largest owners and operators of grocery-anchored shopping centers. The company oversees a portfolio of 317 properties. The company’s offering was declared effective by the SEC in August 2010 and raised approximately $1.8 billion in investor equity before closing in February 2014.