JACKSONVILLE, Fla. , June 01, 2020 (GLOBE NEWSWIRE) -- Regency Centers Corporation (NASDAQ:REG) today provided a business update related to COVID-19, including an update on rent collections for April and May.
As of May 31, 2020, approximately 75% of Regency’s tenants were open based on pro-rata Annual Base Rent, and the Company had collected 68% and 58% of April and May pro-rata base rent, respectively.
About Regency Centers Corporation (NASDAQ: REG)
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.