Phillips Edison & Company, Inc. (Nasdaq: PECO) updated its full-year 2026 investment outlook, raising gross acquisitions guidance to $600 million-$700 million from $500 million-$600 million and dispositions guidance to $200 million-$250 million from $100 million-$200 million. The company also introduced expectations for $200 million-$250 million of net contributions to joint ventures. Through September 30, 2026, PECO had acquired $459.7 million of assets at its total prorated share and sold $174.0 million. The company reaffirmed diluted Nareit FFO (a real estate performance measure) guidance of $2.67-$2.72 per share, Core FFO guidance of $2.73-$2.79, and same-center NOI (net operating income from comparable centers) growth of 3.40%-4.00%. At the midpoint, those ranges represent year-over-year growth of 6.3%, 6.2% and 3.7%, respectively. Chairman and Chief Executive Officer Jeff Edison said the expanded joint venture with Northwestern Mutual supports larger-scale match-funding, allowing PECO to retain exposure to stabilized assets while generating proceeds for grocery-anchored and Everyday Retail™ centers. PECO plans to update additional 2026 guidance components with its third-quarter earnings results on October 26, 2026.