Kite: How Kite Realty picks which assets to sell

12/24/2012 | REIT.com

Kite Realty Group aims to sell retail centers and net lease properties with lower growth profiles, said John Kite, president and CEO of Kite Realty Group Trust, at REITWorld 2012: NAREIT's Annual Convention for All Things REIT. "We've been pretty successful in selling at good numbers and redeploying the capital into new acquisition opportunities. The acquisitions have been in target markets that we like at attractive pricing."

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