Regency Centers releases transcript of Q2 2026 earnings call

Regency Centers discussed Q2 2026 results on a July 30 earnings call attended by CEO Lisa Palmer, CFO Michael Mas, COO Alan Roth, CIO Nicholas Wibbenmeyer and SVP Christy McElroy.

• Full-year outlook raised; same-property NOI growth midpoint lifted 40 bps, total NOI growth seen in the mid-6% area; core operating EPS growth expected to exceed 5%.
• Q2 same-property NOI rose 3.8%; leased and shop occupancy reached new highs; cash rent spreads topped 10% with GAAP spreads near 20%.
• Development and redevelopment starts for 2026 expected to approach USD 400 million; USD 680 million in-process pipeline still targets 9% blended returns, nearly 80% leased.
• Lease termination fee tied to an EV operator dropping 11 planned locations; four years of rent collected as a fee; excluded from same-property NOI.