KRG

EX-99.1

2 exhibit99_1xq12026.htm

EX-99.1 EARNINGS RELEASE

Document

Exhibit 99.1

PRESS RELEASE

Contact Information: Kite Realty Group

Tyler Henshaw

SVP, Capital Markets & Investor Relations

317.713.7780

thenshaw@kiterealty.com

Kite Realty Group Reports First Quarter 2026 Operating Results

Indianapolis, Indiana, April 29, 2026 – Kite Realty Group (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored shopping centers and vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2026. For the quarters ended March 31, 2026 and 2025, net income attributable to common shareholders was $11.4 million, or $0.06 per diluted share, compared to $23.7 million, or $0.11 per diluted share, respectively.

Same Property Net Operating Income (NOI) increase of 3.6%

Signed-not-open pipeline remains elevated at approximately $36.0 million

In 2025 and 2026, repurchased a total of 16.9 million common shares

for $400 million at an average price of $23.67 per share

“KRG is executing across all fronts in 2026: strategically, operationally, and financially,” said John A. Kite, Chairman and Chief Executive Officer. “Strategically, we continue to sharpen the portfolio through disciplined capital recycling while also investing in our platform through recently announced key leadership additions. Operationally, Same Property NOI growth of 3.6%, double digit blended cash spreads, and a 90-basis point year-over-year increase in occupancy reflect exceptional tenant demand and the quality of our real estate. Financially, our balance sheet remains strong, our portfolio is built to perform through a range of macroeconomic conditions, and we have the capacity and conviction to keep playing offense.”

First Quarter 2026 Financial and Operational Results

▪Generated Core FFO of the Operating Partnership of $109.1 million, or $0.52 per diluted share.

▪Generated NAREIT FFO of the Operating Partnership of $109.4 million, or $0.52 per diluted share.

▪Same Property NOI increased by 3.6%.

▪Executed 151 new and renewal leases representing 707,000 square feet.

▪Blended cash leasing spreads of 13.5% on 113 comparable leases, including 31.3% on 26 comparable new leases, 12.3% on 47 comparable non-option renewals, and 7.0% on 40 comparable option renewals.

▪Blended cash leasing spreads of 19.0% for comparable new and non-option renewal leases.

▪Operating retail portfolio annualized base rent (ABR) per square foot of $22.89 at March 31, 2026, a 6.5% increase year-over-year.

▪Retail portfolio leased percentage of 94.7% at March 31, 2026, a 90-basis point increase year-over-year.

▪Anchor leased percentage of 96.2% at March 31, 2026, a 110-basis point increase year-over-year.

▪Small shop leased percentage of 91.9% at March 31, 2026, a 60-basis point increase year-over-year.

▪Portfolio leased-to-occupied spread at period end of 350 basis points, which represents approximately $36.0 million of signed-not-open NOI.

First Quarter 2026 Capital Allocation Activity

▪Sold Coram Plaza (New York MSA), a 138,385 square foot center, for $12.5 million, consistent with the Company’s strategy to exit non-core, larger-format, and/or lower-growth assets.

▪In February 2026, the Company’s Board of Trustees approved an upsizing of the Company’s share repurchase program, increasing the size of the program from $300.0 million to $600.0 million of the Company’s common shares.

▪During the quarter, repurchased approximately 6.0 million common shares, at an average price of $25.19 per share, for $152.3 million, inclusive of $52.3 million of previously announced activity.

▪In 2025 and 2026, repurchased a total of 16.9 million common shares, at an average price of $23.67 per share, for $400.0 million.

First Quarter 2026 Balance Sheet Overview

▪As of March 31, 2026, the Company’s net debt to Adjusted EBITDA was 5.2x.

Dividend

▪On April 27, 2026, the Company’s Board of Trustees declared a second quarter 2026 dividend of $0.29 per common share, which represents a 7.4% year-over-year increase. The second quarter dividend will be paid on or about July 16, 2026, to shareholders of record as of July 9, 2026.

2026 Earnings Guidance

The Company expects to generate net income attributable to common shareholders of $0.33 to $0.39 per diluted share in 2026. The Company is affirming its 2026 NAREIT FFO guidance range of $2.06 to $2.12 per diluted share and its Core FFO guidance range of $2.06 to $2.12 per diluted share, based, in part, on the following assumptions:

▪2026 Same Property NOI growth range of 2.50% to 3.50% (previously 2.25% to 3.25%).

▪Bad debt reserve of 0.95% of total revenues at the midpoint (previously 1.00% of total revenues).

▪Interest expense, net of interest income, excluding unconsolidated joint ventures, of $121.2 million at the midpoint (previously $121.0 million).

The following table reconciles the Company’s 2026 net income guidance range to the Company’s 2026 NAREIT

krg-202602170001286043false00012860432026-02-172026-02-170001286043krg:KiteRealtyGroupLPMember2026-02-172026-02-17

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 17, 2026

KITE REALTY GROUP TRUST

KITE REALTY GROUP, L.P.

(Exact name of registrant as specified in its charter)

Maryland001-3226811-3715772 Delaware333-202666-0120-1453863 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification Number)

30 S. Meridian Street, Suite 1100, Indianapolis, IN 46204 (Address of principal executive offices) (Zip Code) (317) 577-5600 (Registrant’s telephone number including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Common Shares, $0.01 par value per shareKRGNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition. On February 17, 2026, Kite Realty Group Trust (the “Company”) announced its consolidated financial results for the quarter ended December 31, 2025. A copy of the Company’s press release is furnished as Exhibit 99.1 to this current report on Form 8-K. A copy of the Company’s Fourth Quarter 2025 Supplemental Disclosure is furnished as Exhibit 99.2 to this current report on Form 8-K. The information contained in Item 2.02 of this current report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed “filed” with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the Company under the Securities Act of 1933, as amended. Item 9.01. Financial Statements and Exhibits. (d)Exhibits

Exhibit No.Description

99.1 Kite Realty Group Trust Press Release dated February 17, 2026

99.2 Kite Realty Group Trust Fourth Quarter 2025 Supplemental Disclosure

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KITE REALTY GROUP TRUST

Date: February 17, 2026By:/s/ HEATH R. FEAR

Heath R. Fear Executive Vice President and Chief Financial Officer

KITE REALTY GROUP, L.P.

By: Kite Realty Group Trust, its sole general partner

Date: February 17, 2026By:/s/ HEATH R. FEAR

Heath R. Fear Executive Vice President and Chief Financial Officer

krg-202510290001286043false00012860432025-10-292025-10-290001286043krg:KiteRealtyGroupLPMember2025-10-292025-10-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 29, 2025

KITE REALTY GROUP TRUST

KITE REALTY GROUP, L.P.

(Exact name of registrant as specified in its charter)

Maryland001-3226811-3715772 Delaware333-202666-0120-1453863 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification Number)

30 S. Meridian Street, Suite 1100, Indianapolis, IN 46204 (Address of principal executive offices) (Zip Code) (317) 577-5600 (Registrant’s telephone number including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Common Shares, $0.01 par value per shareKRGNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition. On October 29, 2025, Kite Realty Group Trust (the “Company”) announced its consolidated financial results for the quarter ended September 30, 2025. A copy of the Company’s press release is furnished as Exhibit 99.1 to this current report on Form 8-K. A copy of the Company’s Third Quarter 2025 Supplemental Disclosure is furnished as Exhibit 99.2 to this current report on Form 8-K. The information contained in Item 2.02 of this current report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed “filed” with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the Company under the Securities Act of 1933, as amended. Item 9.01. Financial Statements and Exhibits. (d)Exhibits

Exhibit No.Description

99.1 Kite Realty Group Trust Press Release dated October 29, 2025

99.2 Kite Realty Group Trust Third Quarter 2025 Supplemental Disclosure

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KITE REALTY GROUP TRUST

Date: October 29, 2025By:/s/ HEATH R. FEAR

Heath R. Fear Executive Vice President and Chief Financial Officer

KITE REALTY GROUP, L.P.

By: Kite Realty Group Trust, its sole general partner

By:/s/ HEATH R. FEAR

Heath R. Fear Executive Vice President and Chief Financial Officer