GlobeNewswire
Kite Realty Group Have confidence in to Report 1st Quarter 2021 Financial Success on April 29, 2021
INDIANAPOLIS, March 05, 2021 (Globe NEWSWIRE) — Kite Realty Group Rely on (NYSE: KRG) introduced right now that it will release economical benefits for the quarter ending March 31, 2021, right after the industry closes on Thursday, April 29. KRG will perform a conference phone to discuss its economic results the following day, April 30, at 11:00 a.m. Japanese Time. The dial-in quantities are (844) 309-0605 for domestic callers and (574) 990-9933 for international callers (Conference ID: 4436448). A live webcast of the meeting connect with will be offered at kiterealty.com. In addition, a webcast replay of the connect with will remain readily available on the company site. About Kite Realty Group TrustKite Realty Team Have faith in is a total-company, vertically integrated authentic estate financial investment believe in (REIT) that offers communities with hassle-free and helpful buying experiences. We link buyers to shops in desirable markets by means of our portfolio of community, neighborhood, and life style facilities. Using operational, improvement, and redevelopment know-how, we continually optimize our portfolio to increase price and return to our shareholders. For extra data, you should visit our site at kiterealty.com. Link with KRG: LinkedIn | Twitter | Instagram | Fb Safe and sound Harbor This launch, alongside one another with other statements and information and facts publicly disseminated by us, is made up of certain forward-seeking statements in the which means of Part 27A of the Securities Act of 1933 and Portion 21E of the Securities Exchange Act of 1934. These types of statements are primarily based on assumptions and expectations that may well not be realized and are inherently issue to risks, uncertainties and other components, lots of of which are not able to be predicted with precision and some of which may well not even be anticipated. Upcoming situations and actual effects, effectiveness, transactions or achievements, financial or otherwise, might vary materially from the benefits, functionality, transactions or achievements, economic or in any other case, expressed or implied by the forward-looking statements. At this time, a person of the most important aspects that could result in genuine outcomes to differ materially from the ahead-looking statements is the probable adverse outcome of the present-day pandemic of the novel coronavirus, or COVID-19, together with probable resurgences, on the financial affliction, consequence of functions, income flows and efficiency of the Organization and its tenants, the true estate sector and the world-wide financial state and financial markets. The results of COVID-19 have caused many of the Company’s tenants to shut merchants, decrease hours or appreciably restrict assistance, building it tough for them to meet their obligations, and consequently will considerably impression the Organization for the foreseeable potential. The extent to which the COVID-19 pandemic impacts the Enterprise and its tenants will depend on potential developments, which are very uncertain and are unable to be predicted with confidence, including the scope, severity and period of the pandemic, the actions taken to include the pandemic or mitigate its influence, and the immediate and oblique economic effects of the pandemic and containment actions, and achievable short-term and prolonged-phrase consequences of the pandemic on consumer behavior, amongst other folks. What’s more, investors are cautioned to interpret several of the dangers determined less than the part titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year finished December 31, 2020 as currently being heightened as a consequence of the ongoing and several adverse impacts of the COVID-19 pandemic. Additional pitfalls, uncertainties and other components that may possibly induce these types of variations, some of which could be content, contain but are not confined to: nationwide and nearby financial, company, true estate and other industry ailments, notably in connection with minimal or destructive development in the U.S. overall economy as well as financial uncertainty financing hazards, such as the availability of, and prices related with, sources of liquidity the Company’s capacity to refinance, or lengthen the maturity dates of, the Company’s indebtedness the level and volatility of curiosity charges the fiscal stability of tenants, such as their capacity to pay rent and the risk of tenant insolvency and individual bankruptcy the competitive atmosphere in which the Company operates acquisition, disposition, enhancement and joint venture hazards house ownership and administration challenges the Company’s capability to preserve the Company’s position as a serious estate financial investment believe in for U.S. federal profits tax uses potential environmental and other liabilities impairment in the value of authentic estate home the Organization owns the real and perceived affect of e-commerce on the benefit of buying heart assets threats related to the geographical focus of the Company’s houses in Florida, Indiana, Texas, Nevada and North Carolina civil unrest, functions of terrorism or war, acts of God, local climate alter, epidemics, pandemics (which includes COVID-19), organic disasters and serious weather conditions situations this kind of as hurricanes, tropical storms, tornadoes, earthquakes, droughts, floods and fires that might outcome in underinsured or uninsured losses alterations in rules and government regulations governmental orders influencing the use of the Company’s properties or the skill of its tenants to work attainable limited-expression or extended-expression changes in shopper behavior owing to COVID-19 and the anxiety of long run pandemics insurance policies expenses and coverage threats involved with cybersecurity attacks and the reduction of private info and other company disruptions other things impacting the serious estate market typically and other pitfalls recognized in experiences the Firm information with the Securities and Exchange Fee (“the SEC”) or in other paperwork that it publicly disseminates, together with, in certain, the section titled “Risk Factors” in the Company’s Annual Report on Kind 10-K for the fiscal 12 months ended December 31, 2019, and in the Company’s quarterly stories on Type 10-Q. The Organization undertakes no obligation to publicly update or revise these forward-on the lookout statements, whether or not as a end result of new information, potential occasions or or else. Make contact with Data: Kite Realty Group Belief Jason ColtonSVP, Cash Markets & Trader [email protected]
