Kite Realty Group: Evaluating Market Perception Vs. Intrinsic Value

E ■ 4 Enes Evren Introduction Investing in REITs has been out of favor since the FED started tightening monetary policy back in 2022. In particular, both the retail and office sectors have struggled due to secular headwinds in addition to higher interest rates. While caution is warranted, the valuation multiples of some of the securities trading in this sub sector are completely unjustified. One such example is Kite Realty Group (NYSE:KRG) which just reported second quarter earnings last week. KRG is a reta ...