Welcome to our dedicated page for Kilroy Realty news (Ticker: KRC), a resource for investors and traders seeking the latest updates and insights on Kilroy Realty stock.
Kilroy Realty Corporation (NYSE: KRC), a proud member of the S&P MidCap 400 Index, is a prominent real estate investment trust (REIT) focusing on premier office submarkets along the West Coast. The company is actively engaged in owning, developing, acquiring, and managing real estate assets across key coastal regions, including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, and greater Seattle, as well as Austin, Texas.
As of September 30, 2014, Kilroy Realty's stable portfolio boasted 105 office buildings, covering an impressive 13.5 million rentable square feet, with a remarkable occupancy rate of 94.1%. Today, the company has grown to manage approximately 17 million square feet of office space.
Kilroy Realty is renowned for its commitment to sustainable building practices and cutting-edge property management. The company is involved in numerous high-profile projects aimed at creating state-of-the-art office environments that meet the evolving needs of modern businesses. With a strategic focus on technology and innovation, Kilroy continues to set new benchmarks in the real estate sector.
Financially, Kilroy Realty has maintained a robust performance with steady revenue growth and strong asset management. Their extensive portfolio and strategic geographic locations make them a key player in the commercial real estate market.
For detailed information and the latest updates, visit their official website at kilroyrealty.com.
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Kilroy Realty (KRC) will release its first quarter 2024 financial results on May 2, 2024, followed by a conference call on May 3, 2024, to discuss the results. Investors can participate by registering for the call and accessing it online or via replay.
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Kilroy Realty Corporation (KRC) announces the closing of a $1.1 billion amended and restated senior unsecured revolving credit facility, extending the term by three years. The facility includes a sustainability-linked pricing component and an accordion feature for additional borrowing. The company also paid down $200 million of an existing term loan facility and extended the maturity of the remaining $200 million by 12 months.
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Kilroy Realty Corporation (KRC) announced their participation in Citi’s 2024 Global Property CEO Conference. CEO Angela M. Aman and senior management will host a webcast on March 5, 2024. The event aims to provide insights into the company's strategies and future plans.
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Kilroy Realty Corporation (KRC) declared a regular quarterly cash dividend of $0.54 per common share, equivalent to an annual rate of $2.16 per share.
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Kilroy Realty Corporation (NYSE: KRC) reported strong financial results for Q4 and full year 2023, with revenues of $269.0 million and net income available to common stockholders of $0.40 per diluted share. The company's leasing and occupancy stabilized portfolio was 85.0% occupied and 86.4% leased at December 31, 2023. KRC signed approximately 588,000 square feet of new and renewal leases during the quarter, and added approximately $750.0 million of new development properties to the stabilized portfolio throughout the year. The company's sustainability and corporate social responsibility efforts have been impressive, achieving carbon neutral operations and being listed on the U.S. EPA's National Top 100 List of largest green power users. However, the company's guidance estimates for the full year 2024 reflect a change in same store cash NOI of (4.0%) to (6.0%) and a decrease in average full year occupancy to 82.5% to 84.0%.
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Kilroy Realty Corporation (KRC) announced the 2023 tax treatment of its dividend distributions, with total dividend distributions per share of common stock to be classified for income tax purposes. The company provided specific figures for taxable ordinary dividends, qualified dividends, total capital gain distribution, unrecaptured Section 1250 gain, return of capital, and Section 199A dividends. The announcement also included additional information pursuant to Treasury Regulation §1.1061-6(c), encouraging stockholders to consult with their tax advisors for specific tax treatment.
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Kilroy Realty Corporation (NYSE: KRC) will release its fourth quarter 2023 financial results on February 5, 2024, followed by a conference call on February 6, 2024, to discuss the results. The call will be broadcast live over the Internet and can be accessed on the Investor Relations section of Kilroy Realty’s website. A replay will also be available until February 13, 2024.
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Kilroy Realty Corporation (NYSE: KRC) announces $400 million public offering of 6.250% senior notes due 2036
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Kilroy Realty Corporation (NYSE: KRC) appoints Angela M. Aman as Chief Executive Officer (CEO) and a member of the Board, effective January 22, 2024, succeeding John B. Kilroy, Jr. The Board appointed Ms. Aman following a comprehensive search process. John B. Kilroy, Jr. will serve as an advisor through the end of 2024 to ensure a smooth transition. Angela Aman is a seasoned real estate executive with over 22 years of commercial real estate, financial, and operational expertise. She currently serves as President, Chief Financial Officer, and Treasurer of Brixmor Property Group. Kilroy's Board and leadership team express confidence in Angela's ability to lead the company's next phase of growth.
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Kilroy Realty Corporation (KRC) has signed approximately 520,000 square feet of new or renewing leases quarter to date, including approximately 400,000 square feet signed in November. Year-to-date office and life science leasing now totals approximately 1.3 million square feet, of which more than 50% are with new tenants. Average rents are approximately flat on a cash basis and up 15% on a GAAP basis over the prior leases. Kilroy is entering 2024 with average lease expirations of approximately 8.5% annually through 2026.
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FAQ
What is the current stock price of Kilroy Realty (KRC)?
The current stock price of Kilroy Realty (KRC) is $37.17 as of January 14, 2025.
What is the market cap of Kilroy Realty (KRC)?
The market cap of Kilroy Realty (KRC) is approximately 4.4B.
What does Kilroy Realty Corporation do?
Kilroy Realty Corporation is a real estate investment trust that owns, develops, acquires, and manages premier office properties primarily along the West Coast.
Where are Kilroy Realty Corporation’s properties located?
Kilroy Realty's properties are located in Los Angeles, Orange County, San Diego, the San Francisco Bay Area, greater Seattle, and Austin, Texas.
What is the occupancy rate of Kilroy Realty’s portfolio?
As of September 30, 2014, Kilroy Realty’s portfolio had an occupancy rate of 94.1%. The company continues to maintain high occupancy rates across its properties.
How large is Kilroy Realty’s portfolio?
Kilroy Realty manages approximately 17 million square feet of office space across various coastal regions.
Is Kilroy Realty Corporation involved in sustainable building practices?
Yes, Kilroy Realty is known for its commitment to sustainable building practices and innovative property management.
What makes Kilroy Realty a key player in the commercial real estate market?
Kilroy Realty's strategic focus on technology, innovation, and prime geographic locations makes it a significant player in the commercial real estate sector.
How does Kilroy Realty maintain strong financial performance?
Kilroy Realty maintains strong financial performance through steady revenue growth and efficient asset management.
Is Kilroy Realty Corporation part of any stock market index?
Yes, Kilroy Realty Corporation is a member of the S&P MidCap 400 Index.
Where can I find more information about Kilroy Realty Corporation?
More information about Kilroy Realty Corporation can be found on their official website at http://www.kilroyrealty.com.
What are some recent achievements of Kilroy Realty Corporation?
Kilroy Realty has achieved high occupancy rates and expanded its portfolio to approximately 17 million square feet of premier office space.
Kilroy Realty Corp.
NYSE:KRC
KRC Rankings
KRC Stock Data
4.35B
115.54M
2.11%
110.36%
4.64%
REIT - Office
Real Estate Investment Trusts
United States of America
LOS ANGELES