Welcome to our dedicated page for Kilroy Rlty news (Ticker: KRC), a resource for investors and traders seeking the latest updates and insights on Kilroy Rlty stock.
Kilroy Realty Corporation (NYSE: KRC) maintains a premier portfolio of office properties across strategic West Coast markets and growing urban centers. This dedicated news hub provides investors and stakeholders with essential updates on corporate developments, financial performance, and market positioning.
Access timely press releases covering quarterly earnings, sustainability initiatives, and strategic acquisitions. Our curated collection ensures transparent access to operational updates, leadership announcements, and regulatory filings from this leading real estate investment trust.
Key content categories include financial results disclosures, property development milestones, tenant partnership announcements, and corporate governance updates. All materials are sourced directly from verified company communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to KRC's latest developments in commercial real estate. Combine these updates with our analysis tools for comprehensive investment research.
Kilroy Realty Corporation (NYSE: KRC) reported a 10.3% increase in revenues to $292.8 million for Q1 2023, up from $265.5 million in Q1 2022. Net income rose by 6.7% to $0.48 per diluted share. Funds from operations (FFO) also improved, reaching $146.0 million or $1.22 per diluted share, an increase of 5.2%. Occupancy in the stabilized portfolio stood at 89.6% as of March 31, 2023. Despite a 4.4% dip in cash rents, the company maintains a strong liquidity position with $1.6 billion available. The Board declared a quarterly dividend of $0.54 per share. Guidance for FFO in 2023 is set at $4.30 to $4.50 per diluted share, excluding costs related to the CEO's retirement.
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