INDIANAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the "Company"), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, announced today that, on October 3, 2024, it closed on an amended $1.1 billion unsecured revolving credit facility (the "Revolving Credit Facility") and an amended $250 million unsecured term loan facility (the "Term Loan Facility"). The term of the Revolving Credit Facility was extended three years ...

INDIANAPOLIS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2024, after the market closes on Wednesday, October 30, 2024. KRG will conduct a conference call to discuss its financial results on Thursday, October 31, 2024 at 11:00 a.m. Eastern Time. KRG Q3 2024 Earnings Conference Call Dial-In Registration: KRG Third Quarter 2024 Teleconference Registration Webcast Link: KRG Third Quarter 2024 W ...

Dilok Klaisataporn We're now just days out from the Federal Reserve's September meeting and subsequent announcement. And unless something intensely out-of-the-blue happens after I write this – something that sends inflationary figures sky-high at a moment's notice – it's all but given. We're going to see a cut in interest rates. Revised jobs data has indicated a slowing economy. And the last four months' worth of Consumer Price Index ("CPI") data has shown cooling inflation. Not that prices are declining. B ...

INDIANAPOLIS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the "Company") announced today that, on August 13, 2024, its operating partnership, Kite Realty Group, L.P. (the "Operating Partnership"), priced an offering of $350 million aggregate principal amount of 4.950% Senior Notes due 2031 (the "Notes") in an underwritten public offering. The Notes will be issued at 99.328% of par value with a yield to maturity of 5.062%. Interest on the Notes is payable semi-annually on June 15 a ...

Revenue- Tenant recoveries View all Key Company Metrics for Kite Realty Group here>>> For the quarter ended June 2024, Kite Realty Group (KRG) reported revenue of $212.43 million, up 1.8% over the same period last year. EPS came in at $0.53, compared to $0.15 in the year-ago quarter. Revenue- Rental income : $150.01 million compared to the $162.06 million average estimate based on two analysts. The reported number represents a change of +1.8% year over year. While investors closely watch year-over-year chan ...

This quarterly report represents an FFO surprise of 3.92%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.50 per share when it actually produced FFO of $0.50, delivering no surprise. Kite Realty Group, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $212.43 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.83%. This compares to year-ago revenues of $208.76 million. The company has topped co ...

Exhibit 99.2 Kite Realty Group Trust Quarterly Financial Supplement as of June 30, 2024 | --- | --- | |-----------------------------------------------------------------------------|-------| | Earnings Press Release | i–iii | | 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 Sum ...

"The KRG team delivered another exceptional quarter with approximately 1.2 million square feet of total leasing volume, while generating 15.6% blended cash spreads," said John A. Kite, Chairman and CEO. "The combination of our superior operating platform and premier open-air portfolio has enabled our team to enhance the quality of our merchandising mix and drive higher embedded rent bumps. S&P and Moody's recent upgrades reflect the strength of our credit metrics and our commitment to maintaining a formidab ...

INDIANAPOLIS, June 28, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today that S&P Ratings ("S&P") upgraded its issuer credit rating for Kite Realty Group Trust and the Company's Operating Partnership, Kite Realty Group L.P., to 'BBB' from 'BBB-', with a stable outlook. About Kite Realty Group Trust Connect with KRG: LinkedIn | Twitter | Instagram | Facebook Safe Harbor This release, together with other statements and information publicly disseminated by us, contains certain forward ...

This release, together with other statements and information publicly disseminated by us, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even b ...