Articles from Kite Realty Group Trust

INDIANAPOLIS, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSEKRG) announced today the allocations of the Company's 2024 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:

INDIANAPOLIS, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSEKRG) announced today that it will release financial results for the quarter ending December 31, 2024, after the market closes on Tuesday, February 11, 2025. KRG will conduct a conference call to discuss its financial results on Wednesday, February 12, 2025 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the third quarter ended September 30, 2024. For the quarters ended September 30, 2024 and 2023, net income attributable to common shareholders was $16.7 million, or $0.08 per diluted share, compared to $2.1 million, or $0.01 per diluted share, respectively. For the nine months ended September 30, 2024 and 2023, net loss attributable to common shareholders was $17.8 million, or $0.08 per diluted share, compared to net income of $39.5 million, or $0.18 per diluted share, respectively.

INDIANAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) (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”).

INDIANAPOLIS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) 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.

INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will present at the 2024 BofA Securities Global Real Estate Conference on Wednesday, September 11, 2024, at 10:20am ET. The presentation information is as follows:

INDIANAPOLIS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) (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 and December 15 of each year, beginning on December 15, 2024. The offering is expected to close on August 15, 2024, subject to the satisfaction of customary closing conditions.

INDIANAPOLIS, July 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2024. For the quarters ended June 30, 2024 and 2023, net loss attributable to common shareholders was $48.6 million, or $0.22 per diluted share, compared to net income of $32.1 million, or $0.15 per diluted share, respectively. For the six months ended June 30, 2024 and 2023, net loss attributable to common shareholders was $34.5 million, or $0.16 per diluted share, compared to net income of $37.4 million, or $0.17 per diluted share, respectively. The net loss for the quarter and six months ended June 30, 2024 was driven by a $66.2 million impairment charge associated with an asset classified as held for sale as of June 30, 2024. Excluding the impairment charge, net income for the quarter and six months ended June 30, 2024 would have been $17.6 million, or $0.08 per diluted share, and $31.7 million, or $0.14 per diluted share, respectively.

INDIANAPOLIS, June 28, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) 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.

INDIANAPOLIS, June 27, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company’s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company’s goals and related initiatives.

INDIANAPOLIS, June 18, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending June 30, 2024, after the market closes on Tuesday, July 30, 2024. KRG will conduct a conference call to discuss its financial results on Wednesday, July 31, 2024 at 1:00 p.m. Eastern Time.

 

INDIANAPOLIS, March 20, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending March 31, 2024, after the market closes on Tuesday, April 30, 2024. KRG will conduct a conference call to discuss its financial results on Wednesday, May 1, 2024 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Issuer Default Rating.

INDIANAPOLIS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will present at the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024. The presentation information is as follows:

INDIANAPOLIS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that Moody’s Investors Service (“Moody’s”) upgraded the Company’s corporate credit rating to Baa2 from Baa3 and maintained a stable rating outlook.

INDIANAPOLIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2023. For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively. For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively.

INDIANAPOLIS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today the allocations of the Company's 2023 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:

INDIANAPOLIS, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) (the “Company”) announced today that, on January 12, 2024, its operating partnership, Kite Realty Group, L.P. (the “Operating Partnership”), priced an offering of $350 million aggregate principal amount of 5.500% Senior Notes due 2034 (the “Notes”) in an underwritten public offering. The Notes will be issued at 98.670% of par value with a yield to maturity of 5.673%. Interest on the Notes is payable semi-annually on March 1 and September 1 of each year, beginning on September 1, 2024. The offering is expected to close on January 17, 2024, subject to the satisfaction of customary closing conditions.

INDIANAPOLIS, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending December 31, 2023, after the market closes on Tuesday, February 13, 2024. KRG will conduct a conference call to discuss its financial results on Wednesday, February 14, 2024 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the third quarter ended September 30, 2023. For the quarters ended September 30, 2023 and 2022, net income attributable to common shareholders was $2.1 million, or $0.01 per diluted share, compared to a net loss of $7.8 million, or $0.04 per diluted share, respectively. For the nine months ended September 30, 2023 and 2022, net income attributable to common shareholders was $39.5 million, or $0.18 per diluted share, compared to a net loss of $11.5 million, or $0.05 per diluted share, respectively.

INDIANAPOLIS, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that S&P Ratings (“S&P”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB-’ Issuer Credit Rating.

INDIANAPOLIS, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending September 30, 2023, after the market closes on Monday, October 30, 2023. KRG will conduct a conference call to discuss its financial results on Tuesday, October 31, 2023 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2023. For the quarters ended June 30, 2023 and 2022, net income attributable to common shareholders was $32.1 million, or $0.15 per diluted share, compared to net income of $13.1 million, or $0.06 per diluted share, respectively. For the six months ended June 30, 2023 and 2022, net income attributable to common shareholders was $37.4 million, or $0.17 per diluted share, compared to net loss of $3.7 million, or $0.02 per diluted share, respectively.

INDIANAPOLIS, July 26, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company’s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company’s goals and related initiatives.

INDIANAPOLIS, June 28, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending June 30, 2023, after the market closes on Monday, July 31, 2023. KRG will conduct a conference call to discuss its financial results on Tuesday, August 1, 2023 at 12:00 p.m. Eastern Time.

INDIANAPOLIS, May 01, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2023. For the quarters ended March 31, 2023 and 2022, net income attributable to common shareholders was $5.4 million, or $0.02 per diluted share, compared to net loss of $16.8 million, or $0.08 per diluted share, respectively.

INDIANAPOLIS, April 14, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market closes on Monday, May 1, 2023. KRG will conduct a conference call to discuss its financial results on Tuesday, May 2, 2023 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, March 30, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market closes on Tuesday, May 2, 2023. KRG will conduct a conference call to discuss its financial results on Tuesday, May 2, 2023 at 5:00 p.m. Eastern Time.

INDIANAPOLIS, March 01, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will present at the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023. The presentation information is as follows:

INDIANAPOLIS, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2022. For the quarters ended December 31, 2022 and 2021, net loss attributable to common shareholders was $1.1 million, or $0.01 per diluted share, compared to net loss of $98.2 million, or $0.52 per diluted share, respectively. For the years ended December 31, 2022 and 2021, net loss attributable to common shareholders was $12.6 million, or $0.06 per diluted share, compared to net loss of $80.8 million, or $0.73 per diluted share, respectively.

INDIANAPOLIS, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today the allocations of the Company's 2022 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:

INDIANAPOLIS, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending December 31, 2022, after the market closes on Monday, February 13, 2023. KRG will conduct a conference call to discuss its financial results the following day, February 14, 2023 at 1:00 p.m. Eastern Time.

INDIANAPOLIS, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.24 per common share for the quarter ending December 31, 2022. This distribution will be paid on or about January 13, 2023, to shareholders of record as of January 6, 2023.

Raises 2022 guidanceLeased approximately 1.6 million square feet, an all-time high for KRG, at 10.8% comparable blended cash leasing spreadsIssued inaugural Corporate Responsibility Report

INDIANAPOLIS, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today the release of its inaugural Corporate Responsibility Report, which provides a comprehensive overview of the Company’s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company’s goals and related initiatives.

INDIANAPOLIS, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSEKRG) announced today that it will release financial results for the quarter ending September 30, 2022, after the market closes on Wednesday, November 2. KRG will conduct a conference call to discuss its financial results the following day, November 3, at 11:00 a.m. Eastern Time.