Regency Centers reported strong second-quarter results with above-trend same property NOI growth exceeding 7%, driven by robust leasing activity and strategic acquisitions that bolster its market presence.

• Same property NOI growth exceeded 7%, with base rent contributing 4.5%.
• Achieved cash rent spreads of 10% and GAAP spreads near 20% in new and renewal leases.
• Completed over $600 million in capital deployment year-to-date, including a recent $357 million acquisition of five shopping centers in South Orange County, CA.
• Exceeded leasing activity expectations with record low move-outs and a notable increase in occupancy rates.
• Raised full-year growth outlook for same property NOI and core operating earnings, reflecting strong operational momentum and favorable market conditions.