---
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)
---

# 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)

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