Kite Realty Group Sells Eight Shopping Centers for $429 Million

Reuters
2025.12.08 21:01
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Kite Realty Group Trust has sold eight shopping centers for $429 million, including properties in major cities like Oklahoma City and Phoenix. This move is part of their strategy to improve portfolio quality and cash flow resilience. Additionally, the Paradise Valley Marketplace in Phoenix was sold for $45 million. The information was originally published by Kite Realty via GlobeNewswire.