--- title: "Regency Centres Pref Share REG 5.875 Perp 09/21/23 | 8-K: FY2025 Q3 EPS: USD 0.58" type: "News" locale: "en" url: "https://longbridge.com/en/news/263166940.md" datetime: "2025-10-28T21:03:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263166940.md) - [en](https://longbridge.com/en/news/263166940.md) - [zh-HK](https://longbridge.com/zh-HK/news/263166940.md) generator: "portal-rs" --- # Regency Centres Pref Share REG 5.875 Perp 09/21/23 | 8-K: FY2025 Q3 EPS: USD 0.58 EPS: As of FY2025 Q3, the actual value is USD 0.58. ### Segment Revenue - **Lease Income**: $377.761 million for the three months ended September 30, 2025, compared to $349.057 million for the same period in 2024. - **Other Property Income**: $3.089 million for the three months ended September 30, 2025, compared to $4.444 million for the same period in 2024. - **Management, Transaction, and Other Fees**: $6.720 million for the three months ended September 30, 2025, compared to $6.765 million for the same period in 2024. ### Operational Metrics - **Net Income Attributable to Common Shareholders**: $105.960 million for the three months ended September 30, 2025, compared to $98.056 million for the same period in 2024. - **Nareit FFO**: $213.499 million for the three months ended September 30, 2025, compared to $195.085 million for the same period in 2024. - **Core Operating Earnings**: $202.610 million for the three months ended September 30, 2025, compared to $187.763 million for the same period in 2024. - **Same Property NOI**: $274.237 million for the three months ended September 30, 2025, compared to $261.751 million for the same period in 2024, an increase of 4.8%. - **Same Property NOI without Termination Fees**: $273.460 million for the three months ended September 30, 2025, compared to $261.002 million for the same period in 2024, an increase of 4.8%. - **Same Property Base Rent Growth**: Contributed 4.7% to Same Property NOI growth in the third quarter. - **Occupancy**: Same Property portfolio was 96.4% leased as of September 30, 2025, an increase of 40 basis points compared to September 30, 2024. - **Leasing Activity**: Executed approximately 1.8 million square feet of comparable new and renewal leases during the quarter at a blended cash rent spread of +12.8% and a blended straight-lined rent spread of +22.9%. ### Cash Flow - **Total Liquidity**: $1,726 million. - **Unsecured Credit Facility - Committed**: $1,500 million. - **Balance Outstanding**: $30 million. - **Undrawn Portion of Credit Facility**: $1,470 million. - **Cash, Cash Equivalents & Marketable Securities**: $50 million. - **Unsettled Forward ATM Equity**: $206 million. ### Unique Metrics - **Development and Redevelopment Projects**: Started projects with estimated net project costs of approximately $170 million during the three months ended September 30, 2025. - **Acquisitions**: Acquired a portfolio of five shopping centers in Orange County, CA, for $357 million. - **Dispositions**: Disposed of five assets for approximately $32 million during the quarter. - **Pro Rata Debt Maturity Profile**: Total Pro Rata Debt: $5.8 billion, Weighted Average Interest Rate: 4.5%, Weighted Average Years to Maturity: 6.6 years. ### Outlook / Guidance - Regency raised its 2025 Nareit FFO guidance to a range of $4.62 to $4.64 per diluted share. - The 2025 Core Operating Earnings guidance was raised to a range of $4.39 to $4.41 per diluted share. - The 2025 guidance for Same Property NOI year-over-year growth, excluding termination fees, was raised to a range of +5.25% to +5.5%. ### Related Stocks - [REGCO.US](https://longbridge.com/en/quote/REGCO.US.md) ## Related News & Research - [Can Southern Copper (SCCO) Justify Its Valuation After Cash Flow Jump And Dividend Update?](https://longbridge.com/en/news/298320572.md) - [Stock of the Day: Is This the Bottom for Fair Issac?](https://longbridge.com/en/news/298350084.md) - [OpenAI, Anthropic bankers seek investment-grade credit ratings post-IPO, FT says](https://longbridge.com/en/news/298259727.md) - [Intel Jumps 10% as Analyst Says Musk’s Terafab Could Give Foundry Much-Needed Scale](https://longbridge.com/en/news/298350844.md) - [Super Micro director and 10% owner Liu Liang Chiu-Chu Sara sells USD 7.32 million in common shares](https://longbridge.com/en/news/298372704.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**