Regency Centers Q2 FY26 net income rises 9.6% to $112.4 million; Nareit FFO climbs 6.7% to $226.3 million

Full-year guidance was raised for Nareit FFO to $4.84-$4.88 per share and for GAAP net income to $2.48-$2.52 per share.

Regency Centers posted Q2 net income attributable to common shareholders of $112.4 million, or $0.61 per diluted share, up 8.6% year over year.

Nareit FFO climbed 6.7% from a year earlier to $226.3 million, or $1.21 per diluted share; Core Operating Earnings rose to $217.7 million, or $1.16 per share.

Same Property NOI increased 3.8% year over year to $288.32 million; same-property leased occupancy edged up 0.4 percentage point to 96.9%.

Comparable leasing totaled 2.1 million square feet with blended cash rent spreads of ; in-process development and redevelopment stood at at a roughly .