Regency Centers Corporation (“Regency”) (NYSE: REG) announced
today that it and its co-investment partner, Charter Hall Retail REIT
(“CQR”), have agreed to dissolve their remaining co-investment
partnership.
As a result of the dissolution, which is effective immediately,
portfolio assets were distributed as 100% ownership interests between
CQR and Regency after a selection process as provided for by the terms
of the original partnership agreement. Regency received full ownership
interest in Hilltop Village, a 100,030 sf center anchored by King
Soopers and located in Denver, Colorado, while CQR received full
interest in the three remaining assets.
About Regency Centers Corporation (NYSE: REG)
Regency is the preeminent national owner, operator, and developer of
dominant grocery-anchored and community shopping centers. At December
31, 2012, the Company owned 348 retail properties, including those held
in co-investment partnerships. Including tenant-owned square footage,
the portfolio encompassed 46.3 million square feet located in top
markets throughout the United States. Since 2000, Regency has developed
209 shopping centers, including those currently in-process, representing
an investment at completion of more than $3.0 billion. Operating as a
fully integrated real estate company, Regency is a qualified real estate
investment trust that is self-administered and self-managed.
Forward-looking statements involve risks and uncertainties. Actual
future performance, outcomes and results may differ materially from
those expressed in forward-looking statements. Please refer to the
documents filed by Regency Centers Corporation with the SEC,
specifically the most recent reports on Forms 10-K and 10-Q, which
identify important risk factors which could cause actual results to
differ from those contained in the forward-looking statements.
