Regency Center and Equity One Merger to Form Nation’s Largest Shopping Center REIT
CRETECH
A new giant is emerging amongst the shopping center REITs. Regency Center Corp. and Equity One, Inc announced their pending merger following unanimous board approval. The new REIT would have a combined market capitalization above $15.6 billion with $500 million in new projects and redevelopments underway. Company shareholders now must approve the merger. “…