Kite Realty says '08 funds may fall short

Indianapolis-based Kite Realty Group Trust, a real estate investment trust focusing on shopping centers, said Monday it expects 2008 funds from operations, or FFO, in the range of range of $1.28 to $1.33 per ...

[Sarah]

More quality business reporting from the Star where the panicky headline doesn't match the article generated by AP. The headline makes it sound like the company is having some crisis, while the article just says that the company released earnings guidance, the high end of which is consistent with Wall Street analysts. Doesn't the Indiana economy have enough problems without the Star inventing new ones that don't exist?

[Jay]

Are you daft ? Everything the Star publishes about local business is rah-rah shilling. John Ketzenberger's every word is shill.

Kits got $8 million in tax money to build The Conrad, the 5 -er- 4 star hotel.

Kite got a ton of money for Glendale.

Why are we propping up a private business with tax money ?

Sarah wrote:

More quality business reporting from the Star where the panicky headline doesn't match the article generated by AP. The headline makes it sound like the company is having some crisis, while the article just says that the company released earnings guidance, the high end of which is consistent with Wall Street analysts. Doesn't the Indiana economy have enough problems without the Star inventing new ones that don't exist?

[Go fly a kite]

Kite should stay out of the REIT business and stick to running and developing real estate. Old Al made several tons of money back in his day. They don't need handouts from taxpayers.

[kelli]

Kite Realty sucks!!!

[Grumpy Old Fart]

Well, now the rich get poorer and the poor get poorer!

[INB67]

If this is the same outfit that tried to bribe Highland Springs Home Owner's Association with $3M to NOT oppose a Target across the street from them,(and I'm not saying it is), then they deserve to go belly up. What ever happened to business ethics? Has it been stricken from the curriculium at business schools?