Regency Centers (REG) is set to gain from its ownership of premium shopping centers and a solid balance sheet. Yet, the efforts of online retailers to go deeper into the grocery business pose a woe.
When you look at shopping center real estate investment trusts (REITs) Federal Realty Investment Trust (NYSE: FRT) and Regency Centers (NASDAQ: REG), for example, you have to dig a little deeper to pick which one is the better landlord. Regency Centers is one of the largest strip mall REITs, with a portfolio that contains more than 400 properties. For example, California has three notable areas of focus for Regency: Los Angeles, San Francisco, and San Diego.
Regency Centers' (REG) first-quarter 2022 results depict higher-than-anticipated top-line growth and robust leasing activity.