Oct 28 (Reuters) - Regency Centers ( REG ) raised

full-year forecasts for funds from operations on Tuesday,

betting on resilient demand for its grocery-anchored shopping

centers, supported by tenants catering to everyday essentials.

Real estate investment trusts, including Regency Centers ( REG ),

have benefited from leasing to necessity-based tenants as

inflationary pressures prompt consumers to prioritize and stock

up on essential purchases.

Regency expects 2025 National Association of Real Estate

Investment Trusts, or NAREIT, FFO to be between $4.62 and

$4.64 per share, compared with its previous range of $4.59 to

$4.63 apiece.

Regency, which leases space to grocers such as Kroger ( KR )

and Whole Foods and retailers including Ulta Beauty ( ULTA ),

Target ( TGT ) and Kohl's, has also weathered economic

uncertainty, including shifting tariff policies, thanks to its

portfolio of shopping centers in affluent locations.

It also forecasts annual core operating earnings per share

in the range of $4.39 to $4.41, compared with $4.36 to $4.40 per

share projected earlier.

The company capitalized on tight retail space, enabling rent

increases without dampening demand.

For the third quarter, ended September 30, the company

reported FFO of $1.15 per share, in line with analysts'

estimates, according to data compiled by LSEG.