Kite Realty Group Trust (KRG) - NYSE
  • Mon, Jun. 13, 12:49 PM
    • Noting it's not company policy to comment on speculation, WP Glimcher (WPG -7.2%) nevertheless says it's not in talks involving a merger or any other strategic alternative with any third parties.
    • The stock shot higher last week on a report the company was in talks about a sale to Kite Realty Group (KRG +4.2%).
    | Mon, Jun. 13, 12:49 PM | 3 Comments
  • Thu, Jun. 9, 7:59 AM
    • WP Glimcher (NYSE:WPG) shot higher in late action yesterday on a report its in sale talks with Kite Realty Group (NYSE:KRG). Both are similarly sized, with KRG at a $2.3B market cap, and WPG at $2B.
    • Kite is no stranger to acquisitions, having purchased Inland Diversified Real Estate Trust in 2014 for $1.2B. WP Glimcher is the product of Washington Prime Group's $2B purchase of Glimcher Realty Trust last year. Washington Prime was spun out of Simon Property Group in 2014. These guys know how to keep their bankers happy.
    | Thu, Jun. 9, 7:59 AM | 1 Comment
  • Sep. 3, 2015, 9:51 AM
    • Kite Realty Group (KRG +1.3%) and Retail Opportunity Investments (ROIC +3%) are lifted to Strong Buy from Outperform.
    • Upgraded to Outperform from Market Perform are Federal Realty Investment Trust (FRT +1.3%), First Industrial Realty Trust (FR +2.4%), and Digital Realty Trust (DLR +1.9%).
    | Sep. 3, 2015, 9:51 AM
  • May 1, 2015, 12:42 PM
    • Q1 adjusted FFO of $0.44 vs. $0.39 one year ago.
    • Same property NOI (64 properties) up 4.4% Y/Y. Leased percentage of 95.1% down 20 bps. Economic occupancy of 92.9% up 140 bps.
    • 77 leases executed during quarter for 377.5K square feet. 52 comparable new and renewal leases on 276K square feet. Cash spreads on new leases up 18.4%, on renewals up 7.1%, blended up 9%.
    • 2015 FFO outlook is boosted by $0.03 on the bottom end to $1.93-$2.00 per share. NOI growth is expected at 3-3.5% vs. 2.5-3.5%.
    • Previously: Kite Realty beats by $0.01, beats on revenue (April 30)
    • KRG +3.3%
    | May 1, 2015, 12:42 PM
  • Apr. 10, 2015, 10:04 AM
    | Apr. 10, 2015, 10:04 AM
  • Nov. 10, 2014, 5:36 PM
    • Top gainers, as of 5:15 p.m.: MODN +19.8%. LLNW +12.4%. KRG +10.0%. DTSI +8.1%. SSE +7.4%.
    • Top losers, as of 5:15 p.m.: CALL -15.2%. HALO -9.9%. VSLR -9.7%. CMLS -8.5%. W -7.5%.
    | Nov. 10, 2014, 5:36 PM
  • Feb. 10, 2014, 7:43 AM
    • Kite Realty (KRG) +10.5% premarket on news the operator of community shopping centers agrees to acquire Inland Diversified Real Estate Trust for ~$1.2B in stock.
    • KRG says the deal will allow it to enter markets including Westchester, N.Y., Bayonne, N.J., Las Vegas, Virginia Beach and Salt Lake City.
    • Q4 earnings
    | Feb. 10, 2014, 7:43 AM
  • Sep. 19, 2013, 5:36 PM
    | Sep. 19, 2013, 5:36 PM
Company Description
Kite Realty Group Trust, a real estate investment trust, invests in high-quality neighborhood and community shopping centers in selected markets in the US.
Sector: Financial
Industry: REIT - Retail
Country: United States