Kite Realty Group Trust (KRG) Tops Q2 EPS by 17c

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Kite Realty Group Trust Reports Second Quarter 2022 Operating Results

August 2, 2022 4:15 PM EDT

Raises 2022 guidanceLeased approximately 1.2 million square feet at 13.2% comparable blended cash leasing spreadsAcquired grocery-anchored Palms Plaza (Boca Raton, FL) for $35.8 million Upsized revolving credit facility to $1.1 billion from $850 millionIssued a $300 million unsecured 7-year term loan

INDIANAPOLIS, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), 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... More