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John kite kite realty group12/8/2023 Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. This release, together with other statements and information publicly disseminated 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. For more information, please visit our website at. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. “As more states ease restrictions, our focus has shifted to assisting our tenants to open as quickly and as safely as possible,” said John Kite, KRG Chairman and Chief Executive Officer. As of today, 91% of retail ABR is now open in some capacity. While still early in the month, June 2020 is trending ahead of both April and May at the same point in time. Rent collections currently stand at 76% for April 2020 and 66% for May 2020. INDIANAPOLIS, J(GLOBE NEWSWIRE) - Kite Realty Group Trust (NYSE: KRG) provided the following update.
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