Urstadt Biddle Properties merger with Regency Realty closes, stock delisted from NYSE
22.06.2026 - 19:29:03 | ad-hoc-news.de
By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-22, 19:22.
Urstadt Biddle Properties (US9026811052) has been part of Regency Centers since their stock-for-stock merger closed on 2023-08-18. According to New York Stock Exchange data the Urstadt Biddle shares were suspended from trading and subsequently delisted after the completion of the combination with Regency, which continues to trade on the NYSE under the ticker REG. SEC Form 8-K for the closing of the merger
What the merger changed for investors
The transaction between Urstadt Biddle Properties and Regency Centers was announced in May 2023 as an all-stock deal that valued Urstadt Biddle at roughly 20 percent above its pre-announcement trading price, according to contemporaneous market commentary from Reuters. Reuters coverage of the merger terms Under the agreement each Urstadt Biddle common and preferred share was converted into the right to receive newly issued Regency Centers shares, consolidating the investor base into a single NYSE-listed security.
From the closing date investors who previously held Urstadt Biddle positions effectively became shareholders of Regency Centers, which remains a member of the S&P 500 index and is one of the larger U.S. retail REITs by market capitalization. Regency Centers completion press release The legacy Urstadt Biddle stock therefore no longer trades independently on the NYSE and only has historical relevance for price charts and corporate actions.
Long-term strategy after the combination
The strategic rationale for combining Regency Centers and Urstadt Biddle Properties centered on building a larger portfolio of grocery-anchored and necessity-based shopping centers in suburban markets across the United States. Regency transaction announcement Regency highlighted that Urstadt Biddle’s assets in the New York, New Jersey and Connecticut region complemented its existing national footprint and would improve tenant diversification and cash flow stability.
As part of the integration plan the combined company indicated that it expected to realize operating synergies by aligning property management, leasing and development functions across the enlarged portfolio, while preserving Urstadt Biddle’s focus on higher-income trade areas in the northeastern United States. Analyst commentary on the merger synergies For long-term holders of the former Urstadt Biddle stock the investment case now depends on Regency’s execution of this broader neighborhood and community shopping center strategy.
Background and price data on Urstadt Biddle Properties
Historic information on the Urstadt Biddle Properties shares and current updates on the successor company Regency Centers can be found in the dedicated topic area and via the investor relations pages.
How Urstadt Biddle Properties made its money
Before the merger Urstadt Biddle Properties generated its revenue primarily from leasing space in neighborhood and community shopping centers, with a concentration in the suburban markets of Fairfield County, Westchester County and surrounding areas in the New York metropolitan region. Urstadt Biddle 2022 annual report A significant portion of rental income came from grocery anchors, pharmacies and other daily-needs tenants that typically sign longer leases and contribute to stable occupancy.
Where the stock stands today
The Urstadt Biddle Properties shares (US9026811052) no longer trade on the New York Stock Exchange following their August 2023 delisting in connection with the all-share acquisition by Regency Centers, leaving Regency as the continuing NYSE-listed vehicle for former Urstadt Biddle investors.
Key data on the Urstadt Biddle Properties shares
- Company: Urstadt Biddle Properties Inc.
- ISIN: US9026811052
- WKN: 902681
- Ticker: UBP
- Trading venue: NYSE (delisted, now part of Regency Centers)
- Price (as of 2023-08-18, 16:00): 20.40 USD
- Market cap: approximately 0.9 billion USD (as of 2023-08-18)
- Sector / industry: Equity Real Estate Investment Trusts (REITs) - Retail
- Index membership: none (legacy listing prior to merger)
- Next earnings date: not officially scheduled (merged into Regency Centers reporting)
This article is for informational purposes only and does not constitute investment advice, an offer or solicitation to buy or sell any security or financial instrument. Historical performance of the Urstadt Biddle Properties stock and current performance of Regency Centers may not be indicative of future results.
