Kite Realty Group Trust reported its financial results for the second quarter ended June 30, 2025. The company achieved a net income attributable to common shareholders of $110.3 million, or $0.50 per diluted share, compared to a net loss of $48.6 million, or $0.22 per diluted share, in the same quarter of the previous year. For the first six months of 2025, net income was $134 million, or $0.61 per diluted share, compared to a net loss of $34.5 million, or $0.16 per diluted share, for the same period in 2024. The company generated NAREIT FFO of $114 million, or $0.51 per diluted share, and Core FFO of $113.2 million, or $0.50 per diluted share. Same Property Net Operating Income (NOI) increased by 3.3%. Kite Realty Group Trust raised its 2025 guidance, projecting a net income range between $0.75 and $0.79 per diluted share. The NAREIT FFO guidance range is set between $2.06 and $2.10 per diluted share, while Core FFO is expected to be between $2.02 and $2.06 per diluted share. The company successfully leased approximately 1.2 million square feet with a 17.0% comparable blended cash leasing spread. Additionally, Kite Realty issued $300 million of 5.20% senior unsecured notes due August 2032, formed a second joint venture with GIC, and sold Fullerton Metrocenter for $118.5 million.