economy as well as economic uncertainty (including a potential economic slowdown or recession, rising interest rates, inflation, unemployment, or limited growth in consumer income or spending) the risk that our actual NOI for leases that have signed but not yet opened will not be consistent with expected NOI for leases that have signed but not yet opened financing risks, including the availability of, and costs associated with, sources of liquidity the Company’s ability to refinance, or extend the maturity dates of, the Company’s indebtedness the level and volatility of interest rates the financial stability of tenants the competitive environment in which the Company operates, including potential oversupplies of and reduction in demand for rental space acquisition, disposition, development and joint venture risks property ownership and management risks, including the relative illiquidity of real estate investments, and expenses, vacancies or the inability to rent space on favorable terms or at all the Company’s ability to maintain the Company’s status as a real estate investment trust for U.S. Risks, uncertainties and other factors that might cause such differences, some of which could be material, include but are not limited to: risks associated with the merger with RPAI, including the integration of the businesses of the combined company, the ability to achieve expected synergies or costs savings and potential disruptions to the Company’s plans and operations national and local economic, business, real estate and other market conditions, particularly in connection with low or negative growth in the U.S. Future events and actual results, performance, transactions or achievements, financial or otherwise, may differ materially from the results, performance, transactions or achievements, financial or otherwise, expressed or implied by the forward-looking statements. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. This release, together with other statements and information publicly disseminated by us, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. For more information, please visit .Ĭonnect with KRG: LinkedIn | Twitter | Instagram | Facebook open-air shopping centers and mixed-use assets, comprising approximately 28.8 million square feet of gross leasable space. As of December 31, 2022, the Company owned interests in 183 U.S. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. Kite Realty Group Trust ( NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. A replay of the call will remain available on the corporate website.
Eastern Time.ĭial-In Registration: KRG First Quarter 2023 Teleconference RegistrationĪ live webcast of the conference call will also be available at. KRG will conduct a conference call to discuss its financial results on Tuesday, at 1:00 p.m.
INDIANAPOLIS, Ap(GLOBE NEWSWIRE) - Kite Realty Group Trust ( NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market closes on Monday, May 1, 2023.
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