Kite Realty Group Reports Third Quarter 2026 Operating Results
Key Highlights
- ➤2026 Core and NAREIT FFO guidance raised to $2.08-$2.12 per diluted share
- ➤Third-quarter Same Property NOI increased 3.6%
- ➤Leasing volume exceeded 1.2 million square feet, with 14.6% blended spreads
- ➤Signed-not-open NOI pipeline reached approximately $38.8 million
- ➤Fitch upgraded Kite Realty Group’s corporate credit rating to BBB+
Expert Statements
John A. Kite, Chairman and Chief Executive Officer of Kite Realty Group
“Third quarter results reflect exceptional tenant demand, the quality of our portfolio, and disciplined capital allocation”
John A. Kite, Chairman and Chief Executive Officer of Kite Realty Group
“We delivered 3.6% Same Property NOI growth and executed over 1.2 million square feet of leasing, including comparable blended lease spreads of 14.6%.”
John A. Kite, Chairman and Chief Executive Officer of Kite Realty Group
“This strong leasing volume increased our signed-not-open NOI pipeline to nearly $39 million and boosted our leased-to-occupied spread to an all-time high of 360 basis points.”
John A. Kite, Chairman and Chief Executive Officer of Kite Realty Group
“We continued to advance our capital allocation initiatives during the quarter while earning a BBB+ credit rating upgrade from Fitch, further validating the strength of our portfolio and balance sheet.”
INDIANAPOLIS, Oct. 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 third quarter ended September 30, 2026. For the quarters ended September 30, 2026 and 2025, net loss attributable to common shareholders was $13.3 million, or $0.07 per diluted share, compared to $16.2 million, or $0.07 per diluted share, respectively. For the nine months ended September 30, 2026 and 2025, net income attributable to common shareholders was $159.4 million, or $0.78 per diluted share, compared to $117.8 million, or $0.54 per diluted share, respectively.
Company raises 2026 FFO and Same Property NOI guidance ranges Executed over 1.2 million square feet of leasing volume Increased signed-not-open NOI pipeline to approximately $38.8 million Received a credit rating upgrade to BBB+ from Fitch Ratings
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