Exhibit 23.2
 
                              ACCOUNTANTS' CONSENT
 
The Board of Directors
Regency Realty Corporation:
 
We consent to the use of our reports incorporated by reference, or included,
herein and to the reference to our firm under the heading "Experts" in the
prospectus.
 
                                          KPMG LLP
 
Jacksonville, Florida
February 22, 1999