Question: Which is a real estate company, Newell Brands or Regency Centers Corporation?

Funds from operations (FFO) is the term that investors use in order to describe the cash flow of a real estate company or a real estate investment trust (REIT).  FFO is a performance indicator created by the National Association of Real Estate Investment Trusts (NAREIT) that is recognized by the SEC to be the standard non-GAAP gauge of financial performance for the real estate sector.  Analysts calculate the standard version of FFO by adding amortization and depreciation to net income, and subtracting any gains made on the sale of assets.  There are other forms of FFO that the SEC requires real estate companies to report such as the adjusted FFO, company FFO, and others.  No matter the type of FFO they use, public companies are required to disclose their FFO on their income statement.  Investors can use the FFO to determine the financial performance of a real estate company.  Unlike other accounting methods, the FFO attempts to remove distortion caused by traditional GAAP accounting methods.  Using the FFO allows companies to more accurately state their performance.  Often, the FFO is divided by a per-share basis for securities that are publicly traded.  Investors frequently utilize the FFO per-share ratio much like they would utilize the EPS of company. <SEP> Regency Centers Corporation is a real estate investment trust (REIT) based in Jacksonville, Florida and is one of the largest operators of grocery-anchored shopping centers. <SEP> Newell Brands is an American worldwide marketer of consumer and commercial products with a portfolio of brands including Rubbermaid food storage, home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; Diamond matches; Sharpie, Expo Markers, PaperMate, Dymo, Elmer's, Krazy Glue, Mr. Sketch, Parker Pens, Uniball, Prismacolor, Rotring, Xacto, Waterman, Berol stationery products; Bicycle and Bee Playing Cards; Aprica, Nuk, Tigex, Babysun, Baby Jogger and Graco children's products; First Alert alarm systems; Calphalon cookware and kitchen electrics; Sunbeam, Rival, Crock-Pot, Holmes, FoodSaver, Oster, Osterizer, Mr. Coffee small kitchen appliances; Yankee Candle candles; and Goody hair care accessories. <SEP> Ivanhoé Cambridge is a Canadian real estate company with assets around the globe.  Its areas of activity are investment, development, asset management, operations and leasing.  The Company's real estate portfolio consists primarily of shopping centres, office buildings and multiresidential properties.  It also has ownership interests in logistics services (storage and distribution) buildings, real estate investment funds and hotels.  The first entity in the real estate portfolio, Ivanhoe Corporation, was founded in 1953 by Sam Steinberg, the Montreal businessman who built Steinberg's grocery store chain.  Ivanhoé Cambridge, headquartered in Montreal, has more than 1,400 employees worldwide.  The value of its assets, located mostly in Canada, the United States, Europe, Brazil and Asia, totalled CA$56 billion at December 31, 2016.  Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec, one of Canada’s biggest institutional fund managers.