Regency Centers Corp logo

Regency Centers Corp REG

Market Closed
13 Nov, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
73. 86
+0.38
+0.52%
Pre Market
$
73. 87
+0.01 +0.01%
12.43B Market Cap
31.56 P/E Ratio
2.68% Div Yield
1,309,300 Volume
2.08 Eps
$ 73.48
Previous Close
Day Range
73.75 74.24
Year Range
56.51 75.26

REG Chart

Regency Centers Corp Profile

REIT - Retail Industry
Real Estate Sector
Ms. Lisa Palmer CEO
NASDAQ (NGS) Exchange
US7588491032 ISIN
United States Country
492 Employees
12 Sep 2024 Last Dividend
- Last Split
29 Oct 1993 IPO Date

Overview

Regency Centers is a leading national owner, operator, and developer of suburban shopping centers with a focus on areas that boast strong demographics. As a fully integrated real estate company, it stands out in the industry by operating as a self-administered, self-managed Real Estate Investment Trust (REIT), and it also has the distinction of being included in the S&P 500 Index. The organization’s portfolio features a selection of highly successful properties; these are prominently filled with productive grocers, popular restaurants, essential service providers, and top-tier retailers. These entities are not just tenants but are integral components that foster connection with the local neighborhoods, communities, and customers, creating vibrant, functional retail hubs.

Products and Services

  • Shopping Center Development and Ownership
  • Regency Centers specializes in the development and ownership of high-quality shopping centers. These centers are strategically located in suburban trade areas that exhibit strong potential based on their demographic profiles. The focus is on creating and maintaining shopping environments that attract a high level of foot traffic and provide a stable income stream.

  • Retailer and Grocer Anchoring
  • The company excels in anchoring its shopping centers with highly productive grocers, best-in-class retailers, popular restaurants, and essential service providers. This strategic mix of tenants ensures the constant draw of consumers to the shopping centers, driving foot traffic and fostering a vibrant shopping environment that benefits all stakeholders.

  • Community Integration and Connectivity
  • Understanding the importance of community, Regency Centers designs its shopping centers to be integral parts of the neighborhoods they serve. This approach facilitates a seamless integration with the local community, creating a sense of belonging among customers. The centers aim to become neighborhood hubs where people not only shop but also connect, thereby enhancing customer loyalty and long-term relevance.

  • Real Estate Investment Trust (REIT) Management
  • As a qualified REIT, Regency Centers adheres to a specific operational framework that includes being self-administered and self-managed. This approach allows for greater flexibility and focus on maximizing shareholder value. Being a REIT also provides investors with an opportunity to participate in the ownership of income-generating real estate, making it an attractive investment option.

Contact Information

Address: One Independent Drive
Phone: 904 598 7000