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Kwarkot/iStock via Getty Images Kite Realty Group Trust (KRG) and Retail Properties of America (RPAI), up 8.4% premarket have entered into a merger agreement under which RPAI would combine with a subsidiary of KRG, with KRG continuing as the surviving public company. The combined co...
Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet Strengthens High-Quality Open-Air Shopping Center Portfolio Expands Presence in ...
Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet Strengthens High-Quality Open-Air Shopping Center Portfolio Expands Presence in Strategic Markets Provides Future Value Creation Opportunities Creates a Top 5 Sho...
U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...
U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...
Retail Properties of America (RPAI) announced the closing of the amendment and extension of its $850M unsecured revolving line of credit. Expands the available accordion feature, enabling the company to increase borrowing capacity by up to $750M to a total of $1.6B, subject to lender app...
Retail Properties Of America, Inc. Announces The Amendment And Extension Of Its $850 Million Unsecured Revolving Line Of Credit PR Newswire OAK BROOK, Ill. , July 8, 2021 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") toda...
krblokhin/iStock Editorial via Getty Images Checking in on how REIT stocks fared year to date, as a group, retail REITs produced the best total returns with a 34% return, as measured by the S&P Composite 1500 Retail REITs Index (magenta line in chart below) followed by the 30% return gene...
U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...
U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...
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INDIANAPOLIS, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality open-air, grocery-anchored shopping centers, announced today the completion of its previously announced merger with Retail Properties of America, Inc. (NYSE: RPA...
INDIANAPOLIS and OAK BROOK, Ill., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of open-air, grocery-anchored shopping centers, and Retail Properties of America, Inc. (NYSE: RPAI), a first-class owner and operator of high-quality, open-a...
Kite Realty Group Trust Set to Join S&P MidCap 400; Harmony Biosciences Holdings & LendingTree to Join S&P SmallCap 600 Kite Realty Group Trust Set to Join S&P MidCap 400; Harmony Biosciences Holdings & LendingTree to Join S&P SmallCap 600 PR Newswire...