
Regency Centers Grows Revenues 8% with $1.1B UBP Merger
Regency Centers CorporationDescription
What this story covers
Regency Centers reported 1 point 32 billion dollars revenues, up 8 percent, driven by UBP merger adding 74 properties. Net income fell to 359 point 5 million dollars from lower sale gains, but core earnings rose 6 point 1 percent. Portfolio at 95 point 1 percent occupied, with strong leasing spreads. Liquidity solid at 1 point 1 billion dollars line availability; focuses on grocery-anchored centers for stability.
Story snapshot
CompanyRegency Centers Corporation
TickerREG
VariantStandard detailed
Duration13:41
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0000950170-24-016260
Full Story Script
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