Company Overview - Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) specializing in open-air shopping centers and mixed-use assets, primarily grocery-anchored [3] - The company operates in high-growth Sun Belt and select strategic gateway markets, with a portfolio designed to cater to both retailers and consumers [3] - As of December 31, 2024, KRG owned interests in 179 U.S. open-air shopping centers and mixed-use assets, totaling approximately 27.7 million square feet of gross leasable space [3] Financial Results Announcement - Kite Realty Group will release its financial results for the quarter ending March 31, 2025, after market close on April 29, 2025 [1] - A conference call to discuss these results is scheduled for April 30, 2025, at 1:00 p.m. Eastern Time [1][2] Communication Channels - A live webcast of the conference call will be available on the company's website, and a replay will also be accessible [2]

INDIANAPOLIS, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG) announced today that it will present at the Citi 2025 Global Property CEO Conference on Monday, March 3, 2025. The presentation information is as follows: Event: Kite Realty Group Management PresentationWhen: March 3, 2025, at 2:10 p.m. ESTLive Webcast: 2025 Citi Global Property CEO Conference PresentationInvestor Presentation: KRG Q4 2024 Investor Update A replay of the webcast will be available at kiterealty.com following the co ...

Founded / IPO NYSE Market Cap1 Enterprise Value1 Operating Retail Properties Total Owned Retail GLA (SF) Retail Portfolio Percent Leased Annualized Base Rent (ABR) per SF Net Debt to Adjusted EBITDA ABR from Assets with a Grocery Component2 ABR in Sun Belt Markets3 ABR from Community & Neighborhood Centers S&P / Moody's / Fitch Credit Ratings Note: Unless otherwise indicated, the source of all Company data is publicly available information that has been or will be filed with the Securities and Exchange Comm ...

Kite Realty Group Trust (NYSE:KRG) Q4 2024 Earnings Conference Call February 12, 2025 1:00 PM ET Company Participants Bryan McCarthy - Senior Vice President, Corporate Marketing and Communications John Kite - Chairman and Chief Executive Officer Heath Fear - Executive Vice President and Chief Financial Officer Tom McGowan - President and Chief Operating Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citi Jeffrey Spector - Bank of America Securities Floris van Dijk ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32268 Kite Realty Group Trust Commission File Number: 333-202666-01 Kite Realty Group, L.P. KITE REALTY GROUP TRUST KITE REALTY GROUP, L.P. (Exact ...

Core Insights - Kite Realty Group (KRG) reported revenue of $214.72 million for the quarter ended December 2024, reflecting a year-over-year increase of 7.2% [1] - The earnings per share (EPS) for the quarter was $0.53, significantly higher than $0.04 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $208.88 million by 2.80%, while the EPS met the consensus estimate [1] Revenue Breakdown - Rental income was reported at $209.97 million, surpassing the three-analyst average estimate of $206.11 million, with a year-over-year increase of 6.4% [4] - Fee income was $0.44 million, below the two-analyst average estimate of $0.73 million, showing a year-over-year decline of 11.5% [4] - Tenant recoveries amounted to $42.55 million, exceeding the average estimate of $39.79 million from two analysts [4] - Minimum rent revenue was reported at $154.43 million, falling short of the two-analyst average estimate of $163.26 million [4] - Net Earnings Per Share (Diluted) was $0.10, slightly above the three-analyst average estimate of $0.09 [4] Stock Performance - Over the past month, shares of Kite Realty Group have returned +2.1%, compared to a +4.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.50 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.51 per share when it actually produced FFO of $0.51, delivering no surprise.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Kite Realty Gr ...

Exhibit 99.2 Kite Realty Group Trust Quarterly Financial Supplement as of December 31, 2024 T A B L E O F C O N T E N T S | Earnings Press Release | i–iv | | --- | --- | | Contact Information | 1 | | Results Overview | 2 | | Consolidated Balance Sheets | 3 | | Consolidated Statements of Operations | 4 | | Same Property Net Operating Income | 5 | | Net Operating Income and Adjusted EBITDA by Quarter | 6 | | Funds From Operations | 7 | | Joint Venture Summary | 8 | | Key Debt Metrics | 9 | | Summary of Outsta ...

Core Insights - Kite Realty Group Trust reported a significant increase in net income attributable to common shareholders for Q4 2024, reaching $21.8 million or $0.10 per diluted share, compared to $8.0 million or $0.04 per diluted share in Q4 2023 [1] - For the full year 2024, net income attributable to common shareholders was $4.1 million or $0.02 per diluted share, a decrease from $47.5 million or $0.22 per diluted share in 2023, primarily due to a $66.2 million impairment charge [1][5] - The company achieved all-time high leasing volumes in 2024, with a leased percentage of 95.0% at year-end, reflecting a 110-basis point increase year-over-year [2][5] Financial Performance - The company generated NAREIT FFO of $119.5 million or $0.53 per diluted share for Q4 2024, and $463.7 million or $2.07 per diluted share for the full year, representing a 2.0% year-over-year increase [5][24] - Core FFO for Q4 2024 was $115.8 million or $0.52 per diluted share, and for the full year, it was $443.9 million or $1.99 per diluted share, marking a 4.7% year-over-year increase [5][24] - Same Property NOI increased by 4.8% in Q4 2024 and 3.0% for the full year [2][5] Leasing and Portfolio Management - The company executed approximately 720 new and renewal leases representing about 5.0 million square feet in 2024, with comparable cash leasing spreads of 12.8% [2][5] - The annualized base rent (ABR) per square foot increased to $21.15, a 2.2% increase year-over-year [2][5] - The company executed 22 new anchor leases at a blended comparable cash leasing spread of 36.7%, increasing the percentage of ABR from grocery-anchored properties to 80.0% [5] Capital Allocation and Balance Sheet - The company acquired Village Commons, a Publix-anchored center, for $68.4 million subsequent to the quarter-end [6] - As of December 31, 2024, the net debt to Adjusted EBITDA ratio was 4.7x, indicating a strong balance sheet [11][39] - The company closed on an amended $1.1 billion unsecured revolving credit facility, extending the term to October 3, 2028, with improved pricing conditions [11] Dividend and Outlook - The Board of Trustees declared a first quarter 2025 dividend of $0.27 per common share, representing an 8.0% year-over-year increase [8] - The company expects to generate net income attributable to common shareholders of $0.45 to $0.51 per diluted share in 2025, with NAREIT FFO projected between $2.02 and $2.08 per diluted share [9]

Core Viewpoint - Kite Realty Group Trust (NYSE: KRG) is a REIT that has faced challenges due to high debt and low growth, but has potential for recovery following its merger with Retail Properties of America in 2021 [1] Company Overview - Kite Realty Group Trust has not garnered much attention recently due to its troubled history [1] - The merger with Retail Properties of America in 2021 marks a significant event in the company's trajectory [1] Financial Performance - The article does not provide specific financial metrics or performance data for Kite Realty Group Trust [1] Investment Strategy - The investment philosophy focuses on value investing principles, targeting equities trading below their intrinsic value for long-term appreciation and dividends [1]