Kite Realty Group Trust to Release Second Quarter 2021 Financial Results on August 2, 2021
INDIANAPOLIS, June 02, 2021 (GLOBE NEWSWIRE) – Kite Realty Group Trust (NYSE: KRG) today announced that it will release financial results for the quarter ending June 30, 2021, following market close on Monday, 2 August. set up a conference call to discuss its financial results the next day, August 3, at 11 a.m. EST.
The calling numbers are (844) 309-0605 for national callers and (574) 990-9933 for international callers (Conference ID: 5090863). A live webcast of the conference call will be available at kiterealty.com. In addition, a web replay of the call will remain available on the company’s website.
About Kite Realty Group Trust
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in sought-after markets through our portfolio of neighborhood, community and lifestyle centers. Through our expertise in operations, development and redevelopment, we continually optimize our portfolio to maximize value and return to our shareholders. For more information, please visit our website at kiterealty.com.
This press release, along with other statements and information made publicly available by us, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on assumptions and expectations which may not be realized and which are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with precision and some of which may not even be anticipated. Future events and actual results, performances, transactions or achievements, financial or otherwise, may differ materially from the results, performances, transactions or achievements, financial or otherwise, expressed or implied by forward-looking statements.
Currently, one of the most important factors that could cause actual results to differ materially from forward-looking statements is the potential negative effect of the current novel coronavirus pandemic, or COVID-19, including possible resurgences, on the financial position, operating income, cash flow and performance of the Company and its tenants, the real estate market and the global economy and financial markets. The effects of COVID-19 have caused many of the Company’s tenants to close stores, reduce hours or severely limit service, making it difficult for them to meet their obligations, and will therefore have a significant impact on performance. Company for the foreseeable future. The extent of the impact of the COVID-19 pandemic on the Company and its tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the extent, severity and duration of the pandemic, the measures taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and the containment measures, and the possible short and long-term effects of the pandemic on consumer behavior, between other. In addition, investors are urged to interpret many of the risks identified in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 as being increased due to of the adverse effects of the COVID-19 pandemic.
Other risks, uncertainties and other factors that could cause such differences, some of which could be material, include, but are not limited to: economic, business, real estate and other conditions at the national and local level, in particular in relation to a growth in the US economy as well as economic uncertainty; funding risks, including the availability and costs associated with sources of liquidity; the Company’s ability to refinance or extend the maturity dates of the Company’s debt; the level and volatility of interest rates; the financial stability of tenants, including their ability to pay rent and the risk of tenant insolvency and bankruptcy; the competitive environment in which the Company operates; acquisition, disposal, development and joint venture risks; risks associated with the ownership and management of assets; the Company’s ability to maintain its status as a real estate investment trust for US federal income tax purposes; environmental liabilities and other potentials; depreciation in the value of real estate held by the Company; the real and perceived impact of e-commerce on the value of shopping center assets; risks associated with the geographic concentration of the Company’s properties in Florida, Indiana, Texas, Nevada and North Carolina; civil unrest, acts of terrorism or war, natural disasters, climate change, epidemics, pandemics (including COVID-19), natural disasters and extreme weather conditions such as hurricanes, tropical storms, tornadoes, earthquakes, droughts, floods and fires which can lead to underinsured or uninsured losses; changes in government laws and regulations; government orders affecting the use of Company properties or the ability of its tenants to operate; possible short- or long-term changes in consumer behavior due to COVID-19 and the fear of future pandemics; insurance costs and coverage; risks associated with cybersecurity attacks and the loss of confidential information and other business disruption; other factors affecting the real estate industry in general; and other risks identified in the reports that the Company files with the Securities and Exchange Commission (“the SEC”) or in other documents that it publicly discloses, including, in particular, the section entitled “Factors of risk ”in the Company’s annual report on Form 10 -K for the fiscal year ended December 31, 2020, and in the Company’s quarterly reports on Form 10-Q. The Company assumes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact details: Kite Realty Group Trust
Senior Vice-President, Capital Markets and Investor Relations