Oct 28 (Reuters) - Regency Centers REG.O 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, 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.N and Whole Foods and retailers including Ulta Beauty ULTA.O, Target TGT.N and Kohl's KSS.N, 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.

(Reporting by Anshi Sancheti in Bengaluru; Editing by Shilpi Majumdar and Alan Barona)

((Anshi.Sancheti@thomson.reuters.com))