Regency Centers Corporation Projects Mid-3% Same-Property NOI Growth for 2027 Amid Refinancing Challenges
Regency Centers Corporation (REG) reported strong third-quarter performance, characterized by robust same-property Net Operating Income (NOI) and Funds From Operations (FFO) growth. CEO Lisa Palmer attributed these results to solid operating fundamentals and effective capital allocation strategies. Looking ahead to 2027, the company anticipates same-property NOI growth in the mid-3% range. However, management cautioned that refinancing activities are expected to present a headwind, with potential impacts ranging from 150 to 200 basis points.
Tickers: $REG
Topics: earnings FFO growth NOI growth real estate