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| Kite Realty Trust A Retail REIT Period End 12/31/2007 |
Copyrights 2006-2007 SGM Publishing |
| Update 3/20/2008 |
Kite Realty Group Trust, a real estate investment trust (REIT),
engages in the development, construction, acquisition, ownership,
and operation of neighborhood and community shopping centers
in the United States. It also provides real estate facility
management, construction, development, and other advisory
services to third parties. As of March 31, 2007, the company
owned interests in a portfolio of 48 operating retail properties; and
12 retail properties under development/redevelopment, as well as
had interests in 5 operating commercial properties. The company
has elected to be taxed as a REIT pursuant to the Internal
Revenue Code. As a REIT, Kite Realty Group would not be
subject to income tax to the extent it distributes at least 90% of its
taxable income to its stockholders. The company was founded in
1968 and is based in Indianapolis, Indiana.
engages in the development, construction, acquisition, ownership,
and operation of neighborhood and community shopping centers
in the United States. It also provides real estate facility
management, construction, development, and other advisory
services to third parties. As of March 31, 2007, the company
owned interests in a portfolio of 48 operating retail properties; and
12 retail properties under development/redevelopment, as well as
had interests in 5 operating commercial properties. The company
has elected to be taxed as a REIT pursuant to the Internal
Revenue Code. As a REIT, Kite Realty Group would not be
subject to income tax to the extent it distributes at least 90% of its
taxable income to its stockholders. The company was founded in
1968 and is based in Indianapolis, Indiana.
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