Investors, Tenants Prefer Green Retail Properties as Regulations Loom

Sustainability is one of our core values here at Regency Centers and a part of our corporate culture. We believe that being an industry leader is in the best interest of our shareholders. Sustainability is always evolving and when applied strategically it can also be a source of competitive differentiation and value creation.

Earlier this year, for example, Regency Centers Corp.’s operating partnership issued $250 million in senior unsecured notes. The REIT said the proceeds will be used to fund “eligible green projects.”

Regency Centers said in a press release: “Regency views this issuance as an opportunity to support an important market as investors seek more socially responsible investment options. This placement also confirms Regency’s commitment and long-term view on sustainability, as evidenced by its market-leading greengenuity® program, which is the company’s commitment to do all that is practical to reduce its environmental impact in developing and operating shopping centers.”

Read full article here: http://nreionline.com/green-real-estate-investment/investors-tenants-prefer-green-retail-properties-regulations-loom