Kite Realty Group Reports Second Quarter 2026 Operating Results

INDIANAPOLIS, July 30, 2026 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored shopping centers and vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2026. For the quarters ended June 30, 2026 and 2025, net income attributable to common shareholders was $161.3 million, or $0.79 per diluted share, compared to $110.3 million, or $0.50 per diluted share, respectively. For the six months ended June 30, 2026 and 2025, net income attributable to common shareholders was $172.7 million, or $0.84 per diluted share, compared to $134.0 million, or $0.61 per diluted share, respectively.

Same Property Net Operating Income (NOI) increase of 3.7% Advanced portfolio transformation with $314.0 million of non-core dispositions Priced $345 million of 3.25% exchangeable senior notes due 2032 In 2025 and 2026, repurchased a total of 19.6 million common shares for $475.7 million at an average price of $24.20 per share