Regency Centers reports Q4 FFO $1.02, consensus $1.02

Fourth quarter 2023 Same Property Net Operating Income, excluding lease termination fees and the collection of receivables reserved during 2020 and 2021, increased by 1.4% compared to the same period in 2022. “2023 was an exceptional year for Regency in all facets of our business, and I couldn’t be more proud of what our team has accomplished,” said Lisa Palmer, President and Chief Executive Officer. “We have strong momentum within our leasing and value creation pipelines, supported by positive demand trends in our trade areas for high quality shopping centers. Looking ahead, I’m excited by the opportunities we see to drive future growth, both within our existing portfolio and as we allocate capital to new pursuits.”