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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 17)

                           ---------------------------

                           REGENCY CENTERS CORPORATION
                      (FORMERLY REGENCY REALTY CORPORATION)
                                (Name of Issuer)


COMMON STOCK, PAR VALUE $0.01 PER SHARE                          758849 10 3
   (Title of class of securities)                               (CUSIP number)

                              NANCY E. BARTON, ESQ.
                      GENERAL ELECTRIC CAPITAL CORPORATION
                               260 LONG RIDGE ROAD
                           STAMFORD, CONNECTICUT 06927
                                 (203) 357-4000
            (Name, address and telephone number of person authorized
                     to receive notices and communications)

                                 WITH A COPY TO:

                             RAYMOND O. GIETZ, ESQ.
                           WEIL, GOTSHAL & MANGES LLP
                                767 FIFTH AVENUE
                            NEW YORK, NEW YORK 10153


                                  JULY 12, 2002
             (Date of event which requires filing of this statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
(However, see the Notes.)

                         (Continued on following pages)
                              (Page 1 of 16 pages)

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- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 2 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: SECURITY CAPITAL GROUP INCORPORATED S.S. OR I.R.S. IDENTIFICATION NO. 36-3692698 OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: MARYLAND - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 2

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 3 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: SC CAPITAL INCORPORATED S.S. OR I.R.S. IDENTIFICATION NO. 74-2985638 OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: NEVADA - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 3

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 4 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: SC REALTY INCORPORATED S.S. OR I.R.S. IDENTIFICATION NO. 88-0330184 OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: NEVADA - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 4

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 5 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: SECURITY CAPITAL OPERATIONS INCORPORATED S.S. OR I.R.S. IDENTIFICATION NO. 52-2146697 OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: MARYLAND - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 5

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 6 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: SECURITY CAPITAL SHOPPING MALL BUSINESS TRUST S.S. OR I.R.S. IDENTIFICATION NO. 74-2869169 OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: MARYLAND - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 7 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: GE CAPITAL INTERNATIONAL HOLDINGS CORPORATION S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 7

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 8 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC CAPITAL CORPORATION I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: BK, OO - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 34,273,236 SHARES OF COMMON STOCK SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0% - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 8

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 9 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC CAPITAL SERVICES, INC. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: DISCLAIMED (SEE 11 BELOW) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: DISCLAIMED (SEE 11 BELOW) - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: BENEFICIAL OWNERSHIP OF ALL SHARES DISCLAIMED BY GENERAL ELECTRIC CAPITAL SERVICES, INC. - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): NOT APPLICABLE (SEE 11 ABOVE) - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 9

- --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 10 of 16 Pages - --------------------------------- ---------------------------------------------- ---------------------------------- - ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC COMPANY I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: - ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE - ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: NEW YORK - --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: DISCLAIMED (SEE 11 BELOW) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: DISCLAIMED (SEE 11 BELOW) - ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: BENEFICIAL OWNERSHIP OF ALL SHARES DISCLAIMED BY GENERAL ELECTRIC COMPANY - ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): NOT APPLICABLE (SEE 11 ABOVE) - ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- --------------------------------------------------------- -------------------------------------------------- 10

This Amendment No. 17 ("Amendment No. 17") is filed by Security Capital Group Incorporated, a Maryland corporation (f/k/a Security Capital Realty Incorporated) ("Security Capital Group"), SC Capital Incorporated, a Nevada corporation ("SC Capital") and a wholly owned subsidiary of Security Capital Group, SC Realty Incorporated, a Nevada corporation ("SC-Realty") and a wholly owned subsidiary of SC Capital, Security Capital Operations Incorporated, a Maryland corporation ("Operations") and a wholly owned subsidiary of SC-Realty, Security Capital Shopping Mall Business Trust, a Maryland real estate investment trust and a subsidiary of Operations (f/k/a Midwest Mixed-Use Realty Investors Trust) ("Midwest"), General Electric Company, a New York corporation ("GE"), General Electric Capital Services, Inc., a Delaware corporation ("GECS") and a wholly owned subsidiary of GE, General Electric Capital Corporation, a Delaware corporation ("GECC") and a wholly owned subsidiary of GECS, and GE Capital International Holdings Corporation, a Delaware corporation ("GE Holdings" and, together with GE, GECS, GECC, Security Capital Group, SC Capital, SC-Realty, Operations and Midwest, the "Reporting Persons") and a wholly owned subsidiary of GECC and the parent corporation of Security Capital Group. This Amendment No. 17 amends the Schedule 13D originally filed by Security Capital U.S. Realty and Security Capital Holdings S.A. on June 21, 1996 (as previously amended, the "Schedule 13D"). This Amendment No. 17 relates to shares of common stock, par value $0.01 per share ("Common Stock"), of Regency Centers Corporation, a Florida corporation (f/k/a Regency Realty Corporation) ("Regency"). Capitalized terms used herein without definition shall have the meanings ascribed thereto in the Schedule 13D, as amended. ITEM 4. PURPOSE OF TRANSACTION. On July 12, 2002, Security Capital Group provided written notice to Regency of its election not to extend the term of the "standstill" provisions of the Stockholders Agreement, which previously have been described in this Schedule 13D. As a result, the "standstill" provisions will terminate on April 10, 2003, unless earlier terminated in accordance with the Stockholders Agreement. A joint press release issued by Security Capital Group and Regency announcing Security Capital Group's election is attached hereto as Exhibit 18 and is incorporated herein by reference. Neither Security Capital Group nor GECC, the indirect owner of all of Security Capital Group's outstanding capital stock, have reached any conclusions regarding a future course of action with respect to Security Capital Group's investment in Regency. Security Capital Group reserves all of its rights with respect to its investment intent as previously described in this Schedule 13D (including, without limitation, Amendment No. 13 hereto). Any future transactions or actions, if any, will be subject to and conducted in accordance with all applicable legal rules and contractual agreements to which Security Capital Group is subject. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 18 Joint Press Release of Security Capital Group Incorporated and Regency Centers Corporation, issued July 12, 2002. 11

SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: July 12, 2002 GENERAL ELECTRIC COMPANY* By: /s/ Nancy E. Barton ------------------------------------------------- Name: Nancy E. Barton Title: Attorney-in-Fact GENERAL ELECTRIC CAPITAL SERVICES, INC. By: /s/ Nancy E. Barton ------------------------------------------------- Name: Nancy E. Barton Title: Senior Vice President GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Nancy E. Barton ------------------------------------------------- Name: Nancy E. Barton Title: Senior Vice President GE CAPITAL INTERNATIONAL HOLDINGS CORPORATION By: /s/ Sarah Graber ------------------------------------------------- Name: Sarah Graber Title: Vice President and Assistant Secretary SECURITY CAPITAL GROUP INCORPORATED By: /s/ Jeffrey A. Klopf ------------------------------------------------- Name: Jeffrey A. Klopf Title: Senior Vice President and Secretary - ------------------------ * Power of attorney, dated as of February 22, 2000, by General Electric Company is hereby incorporated by reference to Schedule 13D for Luxtec Corporation, filed March 12, 2001 by GE Capital Equity Investments, Inc. 12

SC CAPITAL INCORPORATED By: /s/ Jeffrey A. Klopf ------------------------------------------------- Name: Jeffrey A. Klopf Title: Secretary SC REALTY INCORPORATED By: /s/ Jeffrey A. Klopf ------------------------------------------------- Name: Jeffrey A. Klopf Title: Secretary SECURITY CAPITAL OPERATIONS INCORPORATED By: /s/ Jeffrey A. Klopf ------------------------------------------------- Name: Jeffrey A. Klopf Title: Secretary SECURITY CAPITAL SHOPPING MALL BUSINESS TRUST By: /s/ Jeffrey A. Klopf ------------------------------------------------- Name: Jeffrey A. Klopf Title: Secretary 13

EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 18 Joint Press Release of Security Capital Group Incorporated and Regency Centers Corporation, issued July 12, 2002. 14

                                                                    EXHIBIT 18


NEWS RELEASE
- ------------
                                                                       Contact:
                                                                     GE Capital
                                                                    Peter Stack
                                                                   203-357-4502
                                                          Regency Centers Corp.
                                                                    Lisa Palmer
                                                                   904-598-7636


SECURITY CAPITAL AND REGENCY CENTERS ANNOUNCE NONRENEWAL OF CERTAIN STANDSTILL
PROVISIONS


SANTA FE, N.M. and JACKSONVILLE, Fla. (July 12, 2002) Security Capital Group
Incorporated, an indirect wholly-owned subsidiary of General Electric Capital
Corporation, and Regency Centers Corp. (NYSE: REG) announced today that Security
Capital has elected, pursuant to the terms of its Stockholders Agreement dated
as of July 10, 1996, as amended, to cancel the otherwise automatic extension of
the "Standstill Period" contained therein, effective April 10, 2003. The
remaining provisions of the Stockholders Agreement, which provide certain rights
and protections to Security Capital and to Regency remain in full force and
effect. In addition, the 60% share ownership limitation imposed by Regency
Center's Articles of Incorporation on Security Capital and related parties will
not be affected by cancellation of the Standstill Period. Regency and Security
Capital look forward to continuing to work together.

Security Capital Group Incorporated

Security Capital, an indirect wholly-owned subsidiary of General Electric
Capital Corporation, is an international real estate operating company. The
principal offices of Security Capital and its majority-owned affiliates are in
Brussels, Chicago, El Paso, Houston, London, Luxembourg, New York and Santa Fe.


Regency Centers Corporation

Regency is the leading national owner, operator and developer focused on
grocery-anchored, neighborhood retail centers. Regency's total assets before
depreciation exceeds $3 billion. As of March 31, 2002, Regency owned 271 retail
properties totaling 29.3 million square feet located in high growth markets
throughout the United States. Operating as a fully-integrated real estate
company, Regency is a qualified real estate investment trust that is
self-administered and self-managed.

This press release contains certain forward-looking statements under the federal
securities laws. These statements are based on management's current expectations
and are subject to uncertainty and changes in circumstances. Forward-looking


                                       15

statements are not guarantees of future performance and involve certain credit risks and uncertainties, which are difficult to predict. Actual results may be affected by changes in global, national and local economic conditions, competitive market conditions, weather and regulatory factors, and therefore, may differ materially from what is expressed or forecast in this press release. For More Information Contact: PETER STACK, GE CAPITAL, 203-357-4502 LISA PALMER, REGENCY CENTERS CORP., 904-598-7636 16