Kite Realty raises 2026 FFO guidance midpoint to $2.10 from $2.09
Bitget2026/10/30 10:51- Kite Realty Group raised its 2026 NAREIT and Core FFO guidance midpoint to $2.10 from $2.09.
- Both FFO guidance ranges stand at $2.08-$2.12; projected net income is $0.88-$0.92.
- The outlook assumes same-property NOI growth of 3.4%-3.9%, with net interest expense of $116.4 million at the midpoint.
- Third-quarter same-property NOI rose 3.6%, driven by contractual rent growth, base-rent improvements and favorable leasing spreads.
- About 25% of the $38.8 million signed-not-open NOI pipeline is expected to come online in 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
