Kite Realty Group TrustKRG
What Kite Realty Group Trust does.
Unless the context suggests otherwise, references to “we,” “us,” “our” or the “Company” refer to Kite Realty Group Trust and our business and operations conducted through our directly or indirectly owned subsidiaries, including Kite Realty Group, L.P., our operating partnership (the “Operating Partnership”).
Kite Realty Group Trust is a publicly held REIT that, through its majority-owned subsidiary, Kite Realty Group, L.P., owns interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development, and redevelopment of high-quality, open-air, grocery-anchored shopping centers and vibrant mixed-use assets that are primarily located in high-growth Sun Belt markets and select strategic gateway markets in the United States. Following our merger with Retail Properties of America, Inc. (“RPAI”) in 2021, we became a top-five open-air shopping center REIT based upon market capitalization. We derive our revenue primarily from the collection of contractual rents and reimbursement payments from tenants under existing lease agreements at each of our properties. Therefore, our operating results depend materially on, among other things, the ability of our tenants to make required lease payments, the health and resilience of the U.S. retail sector, particularly in light of increased tariffs in 2025, interest rate volatility, job growth, the real estate market, and overall economic conditions.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $266.6M | $373.3M | $802.0M | $821.3M | $837.5M | $844.4M |
| Net income | -$16.2M | -$80.8M | -$12.6M | $47.5M | $4.1M | $298.7M |
| Free cash flow | $57.2M | $43.0M | $220.7M | $250.0M | $278.6M | $277.7M |
More on KRG.
- Kite Realty Group Trust summary
- Kite Realty Group Trust financial statements
- Kite Realty Group Trust key metrics
- Kite Realty Group Trust health scores and style box
- Kite Realty Group Trust earnings
- Kite Realty Group Trust dividends
- Kite Realty Group Trust valuation
- Kite Realty Group Trust ownership and insiders
- Kite Realty Group Trust peers
Figures from Kite Realty Group Trust's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.