Regency Centers completed the merger with Equity One in a $15.6bn deal.

Regency Centers, a real estate investment trust based in Jacksonville, completed the merger with Equity One, a real estate investment trust, in a $15.6bn deal. “This merger will be a transformative event for both companies. The alignment of our respective portfolios, development/redevelopment pipelines, industry-leading operations, and access to a lower cost of capital, opens us to new avenues of growth that will benefit all shareholders. Equity One shareholders are receiving an attractive valuation for the company’s assets, and have the opportunity to participate in the future growth prospects of a powerful new company led by a best-in-class management team,” David Lukes, Equity One CEO.