LOS ANGELES, September 05, 2023--Kilroy Realty Corporation (NYSE: KRC, the "company", "Kilroy") announced today that members of the Company’s senior management will participate in a roundtable discussion at the Bank of America 2023 Global Real Estate Conference on Tuesday, September 12, 2023. The live panel discussion is scheduled to begin at approximately 3:40 p.m. Eastern Time and will conclude approximately 35 minutes later.
One of the most out-of-favor sectors over the past couple of years has been the office real estate investment trust (REIT) space. Vacancy rates have climbed ever since the pandemic started, and in some cities, the vacancy rates are unofficially close to 50%. Kilroy Realty (NYSE: KRC) is one of the top office REITs, with a 5.9% dividend yield.
Kilroy Realty (KRC) delivered FFO and revenue surprises of 8.18% and 2.70%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?