Kite Realty Group Trust (KRG) Tops Q1 EPS by 7c

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Kite Realty Group Trust Makes Significant Progress on Disposition Program and Reports First Quarter 2019 Operating Results

May 6, 2019 5:17 PM EDT

INDIANAPOLIS, May 06, 2019 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (KRG) reported today its operating results for the first quarter ended March 31, 2019.

We are off to a strong start in 2019 and our team is swiftly executing on our full year operational and transactional objectives, said Chairman and Chief Executive Officer, John A. Kite. We had an extremely productive quarter on the leasing front, executing 95 deals for approximately 642,000 square feet, which is more than a 30% increase in GLA volume compared to Q4 2018. As for our disposition efforts, we... More