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0 0.00133077036817964 0.0010350436196953 0 0.00428803785302369 0.0090196658287742 0.0090196658287742 0.0090196658287742
Stock impact report

Kilroy Realty (KRC) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Kilroy Realty Corporation (KRC) 
Last kilroy realty corporation earnings: 4/29 05:08 pm Check Earnings Report
US:NYSE Investor Relations: kilroyrealty.com
Chief Investment Officer — Eliott Trencher Executive Vice President, Leasing and Business Development — Robert Paratte Senior Vice President, Finance and Accounting — Jeffrey Kuehling TAKEAWAYS Leasing Volume -- 568,000 square feet during the quarter, the company's strongest Q1 leasing since 2017 and more than double the prior year's first quarter total. Annualized Base Rent from Signed But Not Commenced Leases -- Nearly $78 million, offering visibility on forward revenue growth. Portfolio Occupancy -- Ended at 77.6%; excluding KOP2, occupancy would have been 81.5%, a decline of 10 basis points. Cash Same Property NOI Growth -- Increased by 1.8% for the quarter, driven by reduced bad debt expense and other net property income items, offset partially by lower base rent. Leasing Spreads on Activity -- GAAP spreads at negative 10.6% and cash spreads at negative 16.8%, mainly due to two San Francisco leases with spaces vacant over 12 months; positive GAAP (19.2%) and cash Show less Read more
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