Equity One Declares $0.22 per Share Dividend for Fourth Quarter of 2012

NORTH MIAMI BEACH, Fla.--(BUSINESS WIRE)--Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today that its Board of Directors has declared a cash dividend of $0.22 per share of its common stock for the quarter ending December 31, 2012, payable on December 31, 2012 to stockholders of record on December 17, 2012.

ABOUT EQUITY ONE, INC.

As of September 30, 2012, our consolidated property portfolio comprised 167 properties, including 143 retail properties and five non-retail properties totaling approximately 16.7 million square feet of gross leasable area, or GLA, 12 development or redevelopment properties with approximately 2.5 million square feet of GLA upon completion, and seven land parcels. As of September 30, 2012, our core portfolio was 91.9% leased and included national, regional and local tenants. Additionally, we had joint venture interests in 19 retail properties and two office buildings totaling approximately 2.8 million square feet of GLA.