Kilroy Realty

Kilroy Realty Corp. operates as a self-administered real estate investment trust, which engages in the development, acquisition, and management of office and mixed-use real estate assets. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area, and Greater Seattle. The company was founded by John B. Kilroy, Sr. in 1947 and is headquartered in Los Angeles, CA.

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Earnings data Q4 2024

Kilroy Realty adapts to market shifts, eyes growth in tech

Kilroy Realty navigates a transition year impacted by interest rates, with signs of inflation cooling and a resilient consumer. The company enhances liquidity with a $400 million unsecured term loan and provides 2023 guidance projecting FFO at $4.40 to $4.60 per share.

Kilroy Realty reports strong Q1 earnings, eyes growth opportunities

Kilroy Realty's Q1 2023 earnings call showcases robust financial performance, a focus on high-quality assets, and strategic lease signings. The company faces challenges in office asset pricing and potential pressure on face rents but is well-positioned to capitalize on opportunities in development spend and market dynamics.

Kilroy Realty excels in Q2 with strong leasing activity and financial performance

Kilroy Realty's Q2 performance reflects strength in leasing activity, financial results, and market positioning, driven by improving office fundamentals and economic indicators.
The company's strategic focus on balance sheet strength, innovative data tracking, and capital flexibility positions them well to navigate challenges and capitalize on growth opportunities.
Despite market challenges and uncertainties, Kilroy Realty remains optimistic about future prospects, leveraging their financial stability and strategic approach to drive success.
With a strong core operating outlook and potential for further growth in key markets, Kilroy Realty is well-positioned to seize opportunities and overcome challenges in the evolving real estate landscape.

Kilroy Realty (KRC) reports solid Q3 performance and strategic growth outlook

KRC's strong Q3 performance and updated guidance showcase resilience in the commercial real estate sector. The company's strategic focus on high-quality properties, development pipeline, and cautious capital deployment reflect a balanced growth strategy amidst evolving market dynamics.

Kilroy Realty excels in Q4 earnings, faces challenges and growth opportunities

Kilroy Realty's Q4 performance was strong, marked by high leasing volumes and strategic financial decisions. The company faces challenges with project delays and lower occupancy impacting margins. However, opportunities for growth exist in market trends and smart capital allocation.

Kilroy Realty reports robust Q1 performance amidst tech demand growth

Kilroy Realty's Q1 2024 earnings call highlighted strong leasing activity, financial performance, and a focus on maintaining quality properties.
The company faces challenges in the transaction market and optimizing occupancy rates but is well-positioned to capitalize on tech demand and life science sector growth.
Opportunities lie in exploring new development projects, capital structure enhancements, and expanding into promising submarkets for future growth.

Kilroy Realty (KRC) posts strong Q2 results, eyes strategic growth

Kilroy Realty (KRC) delivered a strong performance in Q2 2024, with notable leasing activity and market recovery signs. The company's strategic focus on capital allocation and organizational enhancements positions it well for future growth. Analyst inquiries highlighted areas for improvement and strategic considerations for maximizing shareholder value.

Kilroy Realty reports strong Q3 performance and eyes strategic growth

Kilroy Realty's strong performance in Q3, driven by notable leases and strategic acquisitions, positions the company for future growth.
Challenges in managing lease expirations and navigating market dynamics require careful attention for sustained success.
Opportunities in pending technology leases, spec suite expansion, and strategic acquisitions offer avenues for further growth and value creation.

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Blackstone Secured Lending Fund

Kilroy Realty offers a 6.3% dividend yield and has strong leasing activity, despite negative market sentiment. Blackstone Secured Lending provides a 9.7% dividend yield and has a well-diversified portfolio with a low non-accrual rate. Both stocks offer attractive dividends that are well-covered, and have potential for capital appreciation.

2 Big Yields From An Undervalued REIT And Growing BDC

Kilroy Realty Corporation (NYSE:KRC ) Q1 2024 Earnings Conference Call May 3, 2024 12:00 PM ET Company Participants Bill Hutcheson - SVP, IR & Capital Markets Angela Aman - CEO Justin Smart - President Rob Paratte - Chief Leasing Officer Eliott Trencher - CIO & CFO Conference Call Participants Blaine Heck - Wells Fargo Camille Bonnel - Bank of America Merrill Lynch Michael Griffin - Citigroup Steve Sakwa - Evercore ISI John Kim - BMO Caitlin Burrows - Goldman Sachs Dylan Burzinski - Green Street Advisors Upal Rana - KeyBanc Pete Abramowitz - Jefferies Operator Good morning, everyone, and welcome to the KRC 1Q 2024 Earnings Conference Call. My name is Angie, and I will be coordinating your call today.

Kilroy Realty Corporation (KRC) Q1 2024 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its first quarter ended March 31, 2024. First Quarter Highlights Financial Results Revenues of $278.6 million Net income available to common stockholders of $0.42 per diluted share Funds from operations available to common stockholders and unitholders (“FFO”) of $133.7 million, or $1.11 per diluted share Leasing and Occupancy Stabilized portfolio was 84.2% occupied and 85.7% leased at March.

Kilroy Realty Corporation Reports First Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") recently published its thirteenth annual Sustainability Report, building on the company's longstanding track record of sustainability leadership. The 2023 Sustainability Report details continuous progress and integration of environmental, social, and governance (ESG) factors into our operations. 2023 was Kilroy's fourth consecutive year of carbon neutral operations. Across the entire Kilroy portfolio, the company prio.

Kilroy Realty Publishes Thirteenth Annual Sustainability Report, Achieves Fourth Year of Carbon Neutral Operations

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LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release first quarter 2024 financial results after the market closes on Thursday, May 2, 2024. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Friday, May 3, 2024. To participate and obtain conference call dial-in details, register by using the following link: https://www.netroadshow.com/events/login?show=7488a962&confId=58187 This call will.

Kilroy Realty Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Kilroy Realty has maintained stable dividend distributions and currently offers a 6.2% yield despite the headwinds faced by office REITs. The REIT's portfolio consists of high-quality Class A properties in West Coast markets, with technology tenants making up 54% of annualized base rent. KRC's fourth-quarter revenue dipped due to higher office vacancy rates, but FFO coverage for the dividend remains strong.

Kilroy Realty: How Safe Is This 6.2% Dividend Yield From Class A Office?

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (the “Company”), today announced that its operating partnership, Kilroy Realty, L.P. (the “Borrower”), has closed on an amended and restated senior unsecured revolving credit facility that permits borrowings of up to $1.1 billion (the “Revolving Credit Facility”). The term of the Revolving Credit Facility was extended three years and goes through July 31, 2028 before extension options. “We are extremely pleased to announce the.

Kilroy Realty Recasts Its $1.1 Billion Sustainability-Linked Unsecured Revolving Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, the “company”, "Kilroy") announced today that Angela M. Aman, Chief Executive Officer, and other members of the Company's senior management team, will participate in Citi's 2024 Global Property CEO Conference. A live webcast of the company's roundtable discussion is scheduled to begin on Tuesday, March 5, 2024 at approximately 10:15 a.m. Eastern Time and will conclude approximately 35 minutes later. Access to the webcast will b.

Kilroy Realty to Participate in Citi's 2024 Global Property CEO Conference

In trading on Tuesday, shares of Kilroy Realty were yielding above the 6% mark based on its quarterly dividend (annualized to $2.16), with the stock changing hands as low as $35.45 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Kilroy Realty Passes Through 6% Yield Mark

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Office vacancy rates are at a 30-year high. Share prices of the largest traditional office REITs are down 40-60% from pre-COVID levels. More bad news is coming; declines may reach 80% "blood in the street" levels.

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Kilroy Realty Corporation (KRC) Q4 2023 Earnings Call Transcript

Kilroy Realty (KRC) came out with quarterly funds from operations (FFO) of $1.08 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $1.17 per share a year ago.

Kilroy Realty (KRC) Beats Q4 FFO Estimates

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter and Full Year Highlights Financial Results Revenues of $269.0 million Net income available to common stockholders of $0.40 per diluted share Funds from operations available to common stockholders and unitholders (“FFO”) of $129.3 million, or $1.08 per diluted share Leasing and Occupancy Stabilized portfolio was 85.0% oc.

Kilroy Realty Corporation Reports Fourth Quarter Financial Results

Debt issued by publicly traded commercial real-estate investment trusts (REITs) has been in rally mode to start 2024, even in the battered office sector.

Landlord debt is rallying — even in the battered office sector

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today the 2023 tax treatment of its dividend distributions. The company's total dividend distributions per share of common stock (CUSIP #49427F108) are to be classified for income tax purposes as follows: Record Date Payable Date Total Distribution per Share Total Distribution Attributable to 2023 2023 Taxable Ordinary Dividend 2023 Total Qualified Dividend (1) 2023 Total Capital Gain Distribution 2023 Unrec.

Kilroy Realty Announces 2023 Tax Treatment of Its Dividend Distributions

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Office REITs face deep-rooted problems and a slow recovery in demand for office space. The rise and fall of U.S. malls provide lessons for office REIT investors. Even high-quality office REITs may struggle to maintain occupancy and rental rates in the current market. A "slow motion trainwreck" is unravelling.

Code Red Alert: 5 Lessons Office REIT Investors Can Learn From Malls

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release fourth quarter 2023 financial results after the market closes on Monday, February 5, 2024. The company will hold a conference call to discuss the results at 10:00 a.m. PT / 1:00 p.m. ET on Tuesday, February 6, 2024. To participate and obtain conference call dial-in details, register by using the following link, https://www.netroadshow.com/events/login?show=87605277&confId=57126. Thi.

Kilroy Realty Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (the “Company”) today announced that its operating partnership, Kilroy Realty, L.P., has priced an underwritten public offering of $400 million aggregate principal amount of 6.250% senior notes due 2036 (the “Notes”). The Notes will pay interest semi-annually at a rate of 6.250% per annum on January 15 and July 15 of each year, commencing July 15, 2024, mature on January 15, 2036 and are guaranteed by the Company. The Notes are.

Kilroy Realty, L.P. Prices $400 Million of 6.250% Senior Notes Due 2036

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Office REITs are facing challenges as the hybrid work model becomes more popular, leading to downsizing and increased vacancies. Major companies like Charles Schwab, Johnson & Johnson, Dropbox, and Microsoft have already downsized their office spaces. Office REITs like Boston Properties, Kilroy Realty, City Office REIT, and SL Green are experiencing negative cash spreads and declining occupancy rates, indicating more trouble ahead.

Sell Alert: The Slaughter Of Office REITs Is Just Beginning

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I have been investing in Office REITs and have seen positive returns on their picks. The recent surge in rate-related and macro-related factors has changed the upside potential for these REITs. While there is still appeal in investing in Office REITs, the best upside has passed, and valuations have become less attractive.

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Rising interest rates pummeled REITs in 2023. As 2024 gets underway, there are still some REITs trading well below their high-water marks.

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Kilroy Realty Corporation is a standout office REIT with a high-quality office portfolio, particularly in prime locations like San Diego.

5.4%-Yielding Kilroy Realty: High Risk, High Reward

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REITs are performing well and expected to continue to rise, with potential for a 45% increase in the next 2-3 years. If the Fed reduces the prime rate, REIT yields will become more competitive with bonds and treasuries. REIT balance sheets are in good condition, with low debt ratios and valuations coming back into the low end of their normal range.

Top 12 REITs For The Next 12 Months

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy" or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Angela M. Aman as Chief Executive Officer (CEO) and a member of the Board, effective January 22, 2024. Ms. Aman's appointment follows a comprehensive and thorough search process by the Board, with the assistance of Korn Ferry, a global organizational consulting firm. Ms. Aman will succeed John B. Kilroy, Jr., who previously announ.

Kilroy Announces Leadership Transition

News for Kilroy Realty Stock (KRC)