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    Daniel Propera

    Senior Associate at Green Street Advisors, LLC

    Daniel Purpura is a Senior Associate at Green Street Advisors, specializing in data and analytics for the commercial real estate sector. He contributes to Green Street's research covering listed real estate companies and markets, supporting recommendations that have historically delivered strong performance, with Green Street's rated 'Buy' stocks achieving an annualized total return of 20.1% in recent years. Daniel began his tenure at Green Street prior to 2024, offering analytical expertise in US real estate markets through Green Street's data-driven research products. His professional credentials focus on advanced analytics, but no public records confirm FINRA registration or securities licenses.

    Daniel Propera's questions to KITE REALTY GROUP TRUST (KRG) leadership

    Daniel Propera's questions to KITE REALTY GROUP TRUST (KRG) leadership • Q3 2024

    Question

    Daniel Propera asked about the key variables Kite Realty looks for in a property that serve as predictors of high long-term growth, beyond just short-term gains.

    Answer

    CEO John Kite outlined a multi-faceted approach focused on the underlying quality of the real estate, the merchandising mix, the center type, and the ability to capture upside from rent rollovers in the near-to-medium term. He specifically mentioned analyzing renewal options to see if they are at fixed rates or fair market value. Kite also highlighted the role of KRG's operating platform in driving embedded growth, pointing to the 50 basis point year-over-year increase in annual growth for new small shop leases as a key indicator of this strategy's success.

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