![]() Cash leasing spreads of 24.0% on a blended basis for comparable new and non-option renewal leases.Blended cash leasing spreads of 14.2% on 165 comparable leases, including 36.0% on 33 comparable new leases, 17.8% on 68 comparable non-option renewals and 8.3% on 64 comparable option renewals.Executed 214 new and renewal leases representing approximately 1.4 million square feet.Generated NAREIT FFO of the Operating Partnership of $114.7 million, or $0.51 per diluted share.Third Quarter 2023 Financial and Operational Results Kite, Chairman and CEO.“Our sustained outperformance is a testament to our premier portfolio, efficient operating platform, best-in-class balance sheet, and our team's relentless intensity.” “The KRG team continues to leverage our high-quality and diverse portfolio to drive exceptional operating results, evidenced by strong leasing volumes, double-digit blended cash leasing spreads, and higher fixed rent bumps,” said John A. Received a 'Positive' credit rating outlook upgrade from S&P Global Ratings Same Property NOI increased by 4.7% on a year-over-year basisĪcquired Prestonwood Place (Dallas, TX) for $81.0 million Leased approximately 1.4 million square feet at 14.2% comparable blended cash leasing spreads For the nine months ended Septemand 2022, net income attributable to common shareholders was $39.5 million, or $0.18 per diluted share, compared to a net loss of $11.5 million, or $0.05 per diluted share, respectively. For the quarters ended Septemand 2022, net income attributable to common shareholders was $2.1 million, or $0.01 per diluted share, compared to a net loss of $7.8 million, or $0.04 per diluted share, respectively. 30, 2023 (GLOBE NEWSWIRE) - Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the third quarter ended September 30, 2023. ( MENAFN- GlobeNewsWire - Nasdaq) INDIANAPOLIS, Oct.
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