Regency Centers (REG) Reports Q1 Loss of $0.26

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Go back to Regency Centers (REG) Reports Q1 Loss of $0.26

Regency Centers Reports First Quarter 2017 Results

May 9, 2017 4:20 PM EDT

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (Regency or the Company) today reported financial and operating results for the period ended March 31, 2017.

First Quarter 2017 Highlights

Completed the previously announced merger with Equity One on March 1, 2017. Same property Net Operating Income (NOI), net of termination fees, increased 3.7% as compared to the same period in the prior year for the newly combined portfolio. As of March 31, 2017, the total portfolio was 95.3% leased while the same property portfolio was 96.0% leased. Executed 1.1 million square feet... More