Real Estate News

Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger

Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet

Strengthens High-Quality Open-Air Shopping Center Portfolio

Expands Presence in Strategic Markets

Provides Future Value Creation Opportunities

Creates a Top 5 Shopping Center REIT by Total Enterprise Value

INDIANAPOLIS and CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) and Retail Properties of America, Inc.

Ryman Hospitality Properties, Inc. Provides Business Update and Investor Supplement

NASHVILLE, Tenn., July 15, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.(NYSE: RHP) (the “Company”) today provided a business update and supplemental information. The supplement can be located on the Company’s website under Investor Relations Home / News & Events / Presentations & Transcripts (http://ir.rymanhp.com/index.php/events-and-presentations/presentations).

INDUS Announces Agreement to Acquire an Industrial/Logistics Building

NEW YORK, July 15, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $17.8 million, a fully-leased, approximately 139,500 square foot industrial/logistics building in Lakeland, Florida (the “Lakeland Acquisition”), located along the I-4 corridor connecting the cities of Tampa and Orlando.

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