Kite Realty Group Trust (KRG) Tops Q1 EPS by 2c

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Kite Realty Group Trust Reports First Quarter Results; Grows Same-Property Net Operating Income By 3.4%

April 28, 2016 4:18 PM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- Kite Realty Group Trust (NYSE: KRG) (the Company) announced today operating results for the first quarter ended March 31, 2016. Financial statements and exhibits attached to this release include the details of these results.

We started off 2016 with great momentum and enthusiasm from all areas of our business as the team made meaningful strides towards executing on our three-year roadmap, said John A. Kite, Chairman and CEO. We grew same-property NOI by 3.4%. We delivered 125,000 square feet of new owned anchor space and made substantial progress on our 3-R initiative, commencing construction... More