Why This Big Real Estate Investor Just Walked Away From an $18 Million Kite Realty Stake

Land & Buildings Investment Management totally sold off its stake in Kite Realty Group Trust. That's a meaningful change, considering that position made up over 3% of the fund's portfolio just last quarter. For anyone who invests in REITs, a sale this big often makes you wonder about the overall feeling toward retail real estate, especially with the sector struggling against rising interest rates and unpredictable consumer habits.As of November 24, 2025, shares of Kite Realty Group Trust were priced at $22. ...