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More on Retail Properties' Q4 and guidance

Feb. 16, 2016 4:08 PM ETKite Realty Group Trust (KRG) StockKRGBy: Stephen Alpher, SA News Editor
  • Q4 operating FFO of $62.6M or $0.26 per share vs. $62.7M and $0.27 one year ago. Full-year operating FFO of $251.3M and $1.06 per share vs. $257.2M and $1.09 in 2014.
  • Q4 same-store NOI growth of 2.1% Y/Y. Total portfolio leased of 95.1% down 50 bps. Retail portfolio leased of 94.9% down 50 bps. Retail portfolio annualized base rent per occupied square foot of $16.27 up 5.6%.
  • Full-year 2016 operating FFO per share is guided to $1.01-$1.05 vs. $1.06 in 2015.
  • Conference call tomorrow at 11 ET
  • Previously: Retail Properties of America beats by $0.02, beats on revenue (Feb. 16)
  • RPAI flat after hours

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