REG Profile
Regency Centers Corporation (REG) is a publicly-traded real estate investment trust (REIT) that specializes in the ownership, management, and development of grocery-anchored shopping centers. The company is based in Jacksonville, Florida, USA, and has properties located throughout the United States.
REG's business model is focused on acquiring and developing high-quality retail properties that are anchored by grocery stores, which are typically considered to be more resistant to economic cycles than other types of retail tenants. The company's portfolio includes a diverse mix of shopping centers, including open-air centers, enclosed malls, and mixed-use developments.
In addition to its core operations, REG is committed to sustainability and responsible environmental and social practices. The company has set targets to reduce its greenhouse gas emissions, water usage, and waste generation, and has implemented programs to promote diversity, equity, and inclusion within its workforce.
REG is listed on the New York Stock Exchange under the ticker symbol REG. The company has a market capitalization of around $11 billion as of February 2023, and its stock has generally provided investors with stable returns over the years. However, the company is subject to various risks, including economic risks associated with fluctuations in consumer spending, competitive risks from other retail landlords, and regulatory risks related to changes in tax and zoning laws.
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