Real Estate News

Kite Realty Group Trust Reports First Quarter 2022 Operating Results

Raises 2022 guidanceLeased over 1 million square feet at 16.1% comparable blendedcash leasing spreadsAcquired $66 million of high-quality Sun Belt assetsShare repurchase program upsized to $300 million from $150 million

INDIANAPOLIS, April 28, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2022.

Hersha Hospitality Trust Announces First Quarter 2022 Results

- First Quarter 2022 Net Loss of $0.58 Per Share -

- First Quarter 2022 Adjusted Funds from Operations1 of $0.06 Per Share –

- Demand improved sequentially during the quarter with a rapid acceleration through March -

- March Property Level EBITDA1 of $12 Million is the highest since the onset of the Pandemic –

- ADR Growth of 10.5% vs.

Compare listings

Compare