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Regency Centers Corporation () is a Real estate investment trust (REIT) based in Jacksonville, Florida and one of the largest operators of grocery-anchored shopping centers. About 90 percent of its shopping centers are anchored by grocers ranking in the top three of their market. ==History== In 1963, the company was founded as Regency Square Properties by Martin and Joan Stein. Four years later, the company built Jacksonville's first regional mall, Regency Square. Regency then expanded into Tampa, Florida in 1985, with the development of a community shopping center. Expansion continued into South Florida in 1992 with an acquisition that focused on development and acquiring retail assets. By 1993, the company went public with a $108 million initial offering, trading under the REG symbol. Regency Centers acquired Branch Properties in 1997; a Publix developer and leading owner of shopping centers in Atlanta, Georgia. In 2000, Regency introduced a co-investment partnership platform to leverage and diversity their capital base. Regency expanded their co-investment partnership platform to $486 million in gross value and 28 assets. They partnered with Oregon Public Employees' Retirement Fund and Macquarie CountryWide Trust of Australia. Partnerships continued to develop into 2004 with the California State Teachers Retirement System, and the acquirement of a $400 million property portfolio from Branch Properties on behalf of its co-investment partners. With Regency acquiring a $2.7 billion 100 center property portfolio in 2005 from First Washington Realty, Inc., there was a dramatic increase in Regency's presence in a number of high-barrier-to-entry markets. In 2006, Regency formed Regency Retail Partners, a $1.4 billion open-ended community center fund. 2007 was the year that greengenuity® was launched to lessen the environmental impact of new developments, existing centers and corporate operations. A year later, 2008, Regency further strengthened the balance sheet by expanding bank facilities to over $941 million, placed over $250 million of mortgages in a very difficult market and earned a $20 million promote from the Oregon partnership for generating a total return in excess of both NCREIF and the internal hurdle rate since the inception of the partnership. By 2009, Regency formed two new co-investment partnerships with Global Retail Investors, LLC (GRI) and USAA, raising more than a billion dollars of capital through two common stock offerings, mortgage financings, contributions to co-investment partnerships and property sales. Sold in 2010 was $400 million in 10-year unsecured notes. Refinanced, or locked, the interest rate on $587 million in secured debt. In 2011, Regency leased nearly 7 million square feet, the most square footage leased annually in the company’s history. As of 2012, Regency achieved a full-year same-property NOI growth of 4%, the highest since 1999. In August 2013, the firm sold a portfolio of seven grocery-orientated shopping centers to a joint venture between Blackstone Group and DDR Corp. for $332 million. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Regency Centers Corporation」の詳細全文を読む スポンサード リンク
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