Kite Realty Group Trust (KRG) Reports Q4 Loss of $0.37, Revenues Beat; Announces Plan to Fortify Balance Sheet, Improve Asset Quality, and Focus on Preferred Markets

Go back to Kite Realty Group Trust (KRG) Reports Q4 Loss of $0.37, Revenues Beat; Announces Plan to Fortify Balance Sheet, Improve Asset Quality, and Focus on Preferred Markets

Kite Realty Group Trust Reports 2018 Operating Results and Announces Plan to Fortify Its Balance Sheet, Improve Asset Quality, and Focus on Preferred Markets

February 19, 2019 4:49 PM EST

INDIANAPOLIS, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (KRG) reported today its 2018 operating results. KRG also announced plans to sell $350 to $500 million of non-core assets as part of a program to improve asset quality, reduce leverage, and focus operations on preferred geographic markets.

2018 was a strong year for KRG in terms of operational performance and strategic execution, said Chairman and Chief Executive Officer, John A. Kite. Our ABR is at an all-time high; our small shop leased percentage is at an all-time... More

Kite Realty Group Trust Reports 2018 Operating Results and Announces Plan to Fortify Its Balance Sheet, Improve Asset Quality, and Focus on Preferred Markets

February 19, 2019 4:48 PM EST

INDIANAPOLIS, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (KRG) reported today its 2018 operating results. KRG also announced plans to sell $350 to $500 million of non-core assets as part of a program to improve asset quality, reduce leverage, and focus operations on preferred geographic markets.

2018 was a strong year for KRG in terms of operational performance and strategic execution, said Chairman and Chief Executive Officer, John A. Kite. Our ABR is at an all-time high; our small shop leased percentage is at an all-time high; and... More