Thursday, August 5, 2010

Regency Centers Reports Second Quarter Results


JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (NYSE:REG) announced  financial and operating results for the quarter ended June 30, 2010.

Earnings and Operations

Regency reported Recurring Funds From Operations (FFO) for the second quarter of $49.1 million, or $0.59 per diluted share, compared to $48.0 million and $0.62 per diluted share for the same period in 2009.

 For the six months ended June 30, 2010, Recurring FFO was $101.4 million and $1.22 per diluted share, compared to $101.2 million and $1.36 per diluted share for the same period last year.

Regency reported FFO for the second quarter of $48.5 million, or $0.58 per diluted share. FFO for the same period in 2009 was $19.2 million and $0.24 per diluted share.

For the six months ended June 30, 2010, FFO was $97.2 million and $1.17 per diluted share, compared to $74.2 million and $1.00 per diluted share for the same period last year.

For a complete copy of the company's news release and financials, please contact Regency Centers Corp., Lisa Palmer, 904-598-7636, www.RegencyCenters.com

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