Kite Realty Group is a full-service, vertically integrated real estate company that owns, operates, manages, leases, acquires, constructs, expands and develops neighborhood and community shopping...
By Dana Knight, The Indianapolis Star Knight Ridder/Tribune Business News Apr. 7--Kite Cos. is taking its 44-year-old development company public in an effort to raise money to add high-quality shopping centers to its portfolio and lower its debt. The...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Steven Rodriguez - Lehman Brothers. Steven Rodriguez - Lehman Brothers Could we talk about this joint venture, possible size and is there going to be a regional focus of it? Thomas McGowan In terms of the geography that...
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Jonathan Litt with Citigroup. Please proceed. Ambika Goel - Citigroup Hi. This is Ambika with Jon. Could you give us some more color on the projects that were dropped from the shadow pipeline, just exactly what...
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Jay Habermann with Goldman Sachs. Please proceed. Jehan – J.M. Sloan Hey, guys, it's Jehan [ph] here with J.M. Sloan [ph] as well. I know you've given us quite a bit of detail on your financing plans...
- Declared Fourth Quarter Common Share Distribution at $0.205 Per Share - Highlights * Funds From Operations FFO was $0.32 per diluted share for the third quarter of 2008. FFO for the nine months ended September 30, 2008 was $0.94 per diluted share. *...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) (the "Company") announced today the pricing of its public offering of 4,750,000 newly issued common shares at $10.55 per share. The offering was increased in size from the originally contemplated 3,000,000 shares. The Company has granted the underwriters an option to purchase...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) (the "Company") announced today that it plans to sell 3,000,000 common shares of beneficial interest in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase up to an additional 450,000 common shares to cover...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended September 30, 2008 after the market closes on Wednesday, November 5th. The Company will conduct a conference call to discuss its financial results on Thursday, November 6th at 10:00 a.m....
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that members of its senior management are scheduled to participate at the INVESTIndiana Equity Conference in Indianapolis, Indiana on Thursday, September 11th at 1:25 p.m. ET. A webcast link and presentation materials will be made available in the Investor Relations...
- $0.205 Per Common Share Dividend Declared - Highlights * Funds From Operations FFO was $0.31 per diluted share for the second quarter of 2008 and $0.62 for the first half of 2008 * Construction commenced on Eddy Street Commons at the University of...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended June 30, 2008 after the market closes on Thursday, August 7th. The Company will conduct a conference call to discuss its financial results on Friday, August 8th at 10:00 a.m....
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that senior management will present at the 18th Annual Wachovia Nantucket Equity Conference on Thursday, June 26, 2008 at 10:15 a.m. EDT. An audio-only webcast link and presentation materials will be made available in the Investor Relations section...
- 6.9% FFO growth over prior year - Highlights * Funds From Operations FFO was $0.31 per diluted share for the first quarter of 2008, a 6.9% increase over same period in the prior year * Total revenue for the first quarter was $33.0...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended March 31, 2008 after the market closes on Thursday, May 8th. The Company will conduct a conference call to discuss its financial results on Friday, May 9th at 10:00 a.m....
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) announced today that senior management is scheduled to participate at the 2008 Citigroup Global Property CEO Conference in Palm Beach, Florida on Tuesday, March 4th at 1:15 p.m. ET. The presentation will be available via live conference call. To listen to the...
Highlights * Funds From Operations FFO was $0.34 per diluted share for the fourth quarter of 2007 and $1.26 per diluted share for the full year * 82% of 2008 debt maturities were refinanced at favorable rates subsequent to year-end * Tarpon Springs Plaza...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) ("the Company") today provided estimates of 2008 funds from operations ("FFO") per share and net income per share. The Company expects diluted FFO to be within a range of $1.28 to $1.33 per share for the year ending December 31, 2008 and...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE:KRG) announced today that it will release financial results for the quarter and year ended December 31, 2007 after the market closes on Thursday, February 7th. The Company will conduct a conference call to discuss its financial results on Friday, February 8th at 11:00...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE: KRG) (the "Company") announced today that the tax allocations of its 2007 dividend distributions for the Company's common shares of beneficial interest represent 37.339 percent ordinary income, 22.645 percent capital gain, and 40.016 percent return of capital. The Company had no qualifying dividend...
INDIANAPOLIS -- Kite Realty Group Trust (NYSE:KRG) ("the Company") announced today that it is scheduled to present at the Wachovia Securities 11th Annual Global Real Estate Securities Conference at the New York Palace Hotel in New York, New York on Wednesday, December 5, 2007. Senior management is scheduled to participate...
