Wednesday, January 14, 2015

Regency Centers Announces 2015 Earnings Guidance; Common Stock Offering; Preliminary 2014 Results and Dividend Increase


2015 Earnings Guidance

JACKSONVILLE, FL--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the “Company”) (NYSE: REG) today stated that as a result of its proposed equity offering announced on January 14, 2015, the Company’s full-year 2015 Core Funds From Operations (“Core FFO”) and Funds From Operations (“FFO”) guidance released on December 15, 2014 is not impacted. The Company has updated 2015 acquisitions and dispositions expectations to include recent activity.

Common Stock Offering 

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the “Company”)(NYSE: REG) today announced that it plans to commence an underwritten public offering of up to 2,500,000 shares of its common stock in connection with the forward sale agreement described below. In addition, the Company will grant the underwriter a 30-day option to purchase up to 375,000 additional shares of its common stock.

Preliminary 2014 Results; Dividend Increase 

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the “Company”) (NYSE: REG) today announced preliminary financial and operating results for the quarter- and year-ended December 31, 2014.

While the audit of Regency’s 2014 financial statements is not yet complete, the Company expects that Core Funds From Operations (“Core FFO”) per diluted share for the fourth quarter of 2014 will be in the range of $0.70 - $0.72 and Fund From Operations (“FFO”) per diluted share for the fourth quarter of 2014 will be in the range of $0.76 - $0.79.

 Further, the Company affirmed full-year 2014 Core FFO and FFO guidance as reported via separate press release on December 15, 2014.

For a complete copy of the company’s news release, please contact:

Patrick Johnson, 904-598-7422

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