Kite Realty Group Trust (KRG) Misses Q4 EPS

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Kite Realty Group Trust Reports Strong 2019 Operating Results and Provides 2020 Guidance

February 18, 2020 4:20 PM EST

INDIANAPOLIS, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (KRG) reported today its operating results for the fourth quarter ended December 31, 2019.

2019 was a transformative year for KRG.  We enhanced the quality of our portfolio and reduced leverage to an all-time low, said John A. Kite, Chairman and CEO.  KRG remains a top-tier operator by delivering strong leasing results, with a sector-leading small shop leased percentage of 92.5% in the fourth quarter.  As we embark on a new decade with an improved portfolio, we are focused on capitalizing on growth opportunities... More