Regency Centers : Provides an Update on Recent Transaction Activity - Form 8-K

Published: 2022-01-12 08:16:10 ET REG

Regency Centers Provides an Update on Recent Transaction Activity

JACKSONVILLE, FL (January 12, 2022) - Regency Centers Corporation ("Regency" or the "Company") (Nasdaq:REG) today announced recently completed transaction activity during the fourth quarter of 2021 and year-to-date in 2022.

Acquisitions

Dispositions

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"Following the acquisition of Blakeney, we are excited to have also added four outstanding neighborhood centers on Long Island to our portfolio during the fourth quarter. Investing in high-quality, well-located grocery-anchored retail, as we did successfully in 2021, is at the core of Regency's capital allocation strategy," said Lisa Palmer, President and Chief Executive Officer. "Importantly, our recent acquisitions were largely self-funded on an earnings accretive basis by monetizing the value we've created through the sale of properties where the highest and best use evolved into predominantly non-retail."

About Regency Centers Corporation (Nasdaq:REG)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

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Disclaimer

Regency Centers Corporation published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 13:15:03 UTC.