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    Daniel Purpura • Green Street

    Daniel Purpura's questions to Kite Realty Group Trust (KRG) leadership

    Daniel Purpura's questions to Kite Realty Group Trust (KRG) leadership • Q2 2025

    Question

    Daniel Purpura from Green Street Advisors, LLC asked about investor interest in larger community and power center assets and whether certain retailers cause hesitation for buyers. He also questioned if KRG's lower occupancy post-bankruptcies sets the stage for above-peer growth in 2026-2027.

    Answer

    CEO John Kite noted that demand for larger format centers is quite strong, citing the GIC joint venture as evidence of sophisticated investor interest. He believes KRG is positioned extremely well for growth over the next 2-3 years due to the leasing upside from its current occupancy, stating the team is comfortable with the pressure to deliver on that potential.

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    Daniel Purpura's questions to Kite Realty Group Trust (KRG) leadership • Q1 2025

    Question

    Daniel Purpura asked about the benefits of mixed-use properties like Legacy West compared to traditional grocery-anchored centers and whether this portfolio shift will continue.

    Answer

    CEO John Kite stated that mixed-use assets offer superior embedded rent growth, scarcity value, and value-creation opportunities. He clarified that while KRG is pivoting away from centers with higher big-box risk, it remains committed to high-quality grocery-anchored centers, with the overall goal of enhancing cash flow growth and Net Asset Value (NAV).

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    Daniel Purpura's questions to Inventrust Properties Corp (IVT) leadership

    Daniel Purpura's questions to Inventrust Properties Corp (IVT) leadership • Q3 2024

    Question

    Daniel Purpura from Green Street inquired about the current state of retail fundamentals, asking if the robust demand for space is expected to continue. He also questioned if the company has an interest in nonanchored or convenience centers.

    Answer

    President and CEO DJ Busch confirmed that underlying retail fundamentals and demand for space remain very robust, evidenced by all-time high leased occupancy and a strong future leasing pipeline. Regarding property types, Busch stated that InvenTrust is 'property agnostic,' focusing on necessity-based retail in strong markets rather than a specific center format, and noted the portfolio already includes a range of formats.

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