Regency Centers reports Q2 2023 financial results and merger with Urstadt Biddle
The company raised full-year guidance, announced a definitive merger agreement, and issued its sixth annual Corporate Responsibility Report.
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The company raised full-year guidance, announced a definitive merger agreement, and issued its sixth annual Corporate Responsibility Report.
The company achieved record lease rates of 96.7% and grew Core Operating Earnings per share by over 5% for the full year ending December 2024.
The company provides financial updates including a 2025 Nareit FFO guidance of $4.52 to $4.58 per share.
Reported Nareit FFO of $1.08 per share, increased same property NOI by 2.1%, received a Moody's credit upgrade to A3, and started $80 million in new projects.
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