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Kite Realty Group: Prime Point Of Entry To Profit From Potential Multiple Expansion
KRGKite Realty Trust(KRG) Seeking Alpha·2024-05-30 16:16

SolStock/E+ via Getty Images For some time now we have been enthused about the investment prospects in retail real estate. Shopping center occupancy rates are near a historic high, rents are rising, and new supply isn't being developed to meet demand. We find many of the retail REITs compelling, but today we will focus on Kite Realty Group Trust (NYSE: KRG) because so many of its financial metrics define its shares as being cheap and dramatically undervalued in the market. Shopping Centers As a peer set, re ...