INDIANAPOLIS, May 06, 2020 -- Kite Realty Group Trust (NYSE:KRG) reported today its operating results for the first quarter ended March 31, 2020. “During the ongoing COVID-19.
Kite Realty Group Trust (KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.3175 per common share for the quarter ended March 31, 2020. This distribution will be paid on or about April 3, 2020, to shareholders of record as of March 27, 2020. Shareholders of record at the close of business on Friday, March 13, 2020, will be entitled to vote at the meeting.
Anyone researching Kite Realty Group Trust (NYSE:KRG) might want to consider the historical volatility of the share...
Following the annual shareholder meeting on May 14, 2020, Kite Realty Group Trust (KRG) (the “Company”) is pleased to announce the election of Caroline Young to its Board of Trustees and the reelection of the eight incumbent trustees. On May 18, 2020, the Company amended its Declaration of Trust to provide that the Company’s Bylaws may be amended by the Board of Trustees or by the Company’s shareholders upon an affirmative majority vote. “The Company remains committed to periodically reviewing best practices as it relates to governance and as a result, we have amended the Company’s Bylaws so as to allow for direct input from our shareholders.”
“We have many small businesses in our shopping centers who have made every effort to make it through this crisis, but who need additional funds to cover expenses until they are able to fully re-open,” said John Kite, Chairman and CEO of Kite Realty Group. The program in aggregate will provide up to $5 million in total assistance and allow KRG small business tenants to request a loan amount of up to three months of operating expenses. Loans will be awarded to tenants based on a variety of criteria, including credit history, length of tenancy, and financial performance.
Welcome to Kite Realty Group's first quarter earnings call. The KRG family appreciates that this has been and continues to be very challenging time for everyone; including our investors, tenants, customers and vendors.
Kite Realty Group Trust (KRG) has launched its latest environmental initiative, Project Green. In addition, KRG will also donate a tree to the local community of the shopping center where each new lease is signed. “As an organization, we are increasingly focused on our environmental impact and we continue to look for new ways to offset our carbon footprint,” said John Kite, Chairman and CEO.
In the ongoing response to COVID-19, Kite Realty Group Trust (KRG) has utilized its Kite Cares platform in an effort to support the communities it serves. Thus far, the Kite Cares community outreach effort has delivered food to local hospitals, supplied groceries to families of quarantined first responders, made supporting contributions to furloughed restaurant workers and meal delivery programs for the elderly and at-risk, and provided land to a farmers market in need of greater space to allow for proper social distancing. Currently, Kite Cares is in the midst of a week-long food drive it helped launch to support hunger needs in Indiana, the home of Kite Realty Group’s corporate headquarters.
Kite Realty Group Trust (KRG) announced today that it will release financial results for the quarter ending March 31, 2020, after the market closes on Wednesday, May 6. KRG will conduct a conference call to discuss its financial results the following day, May 7, at 11:00 a.m. Eastern Time. The dial-in numbers are (844) 309-0605 for domestic callers and (574) 990-9933 for international callers (passcode:3461866).
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Q4 2019 Kite Realty Group Trust Earnings Call
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Kite Realty Group Trust. Global Credit Research- 28 Apr 2020. New York, April 28, 2020-- Moody's Investors ...
Q1 2020 Kite Realty Group Trust Earnings Call
INDIANAPOLIS, Feb. 25, 2020 -- Kite Realty Group Trust (NYSE:KRG) announced today the immediate promotion of Mellissa Boggs to the newly created position of Executive Vice.
Kite Realty Group (KRG) delivered FFO and revenue surprises of -5.26% and -1.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
INDIANAPOLIS, Feb. 24, 2020 -- Kite Realty Group Trust (NYSE:KRG) (“KRG”) announced today that it will present at the Citi 2020 Global Property CEO Conference on Monday, March.
INDIANAPOLIS, Feb. 18, 2020 -- Kite Realty Group Trust (NYSE:KRG) (“KRG”) reported today its operating results for the fourth quarter ended December 31, 2019. “2019 was a.
Bireme Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. In the letter, the hedge fund said that its flagship U.S. equity strategy, Fundamental Value, returned -26.4% on a net basis. The fund underperformed its benchmark, the S&P 500 Index which returned -19.4% in the same quarter. You […]
On March 23, 2020, we provided notice to lenders to borrow funds under our $600 million Credit Facility, bringing the outstanding balance under the Credit Facility to $300 million. Due to the borrowing under our Credit Facility and the ongoing uncertainty surrounding the impacts of COVID-19, KRG is withdrawing its previously provided 2020 guidance.
Kite Realty Group Trust (KRG) announced the nomination of Caroline Young for its Board of Trustees. Ms. Young currently serves as partner at Hammond, Kennedy, Whitney & Company (“HKW”) and is an active director on three private-company boards. Ms. Young’s nomination will be voted on by the Company’s shareholders at the upcoming annual shareholders’ meeting on May 14, 2020.