8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 15, 2010

KITE REALTY GROUP TRUST

(Exact name of registrant as specified in its charter)

Maryland	1-32268	11-3715772
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification Number)
30 S. Meridian Street
Suite 1100
Indianapolis, IN		46204
(Address of principal executive offices)		(Zip Code)
(317) 577-5600
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

Kite Realty Group Trust (the “Company”) intends to distribute copies of certain printed materials (the “Materials”) to analysts, institutional investors and other persons in connection with meetings to be held by the Company on November 15, 2010.  A copy of these Materials is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein solely for purposes of this Item 7.01 disclosure.

The Materials contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Company intends that these forward-looking statements be subject to the safe harbors created thereby. These forward-looking statements are not historical facts, but rather are predictions and generally can be identified by use of statements that include phrases such as “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “foresee,” “looking ahead,” “is confident,” “should be,” “will,” “predicted,” “likely” or other words or phrases of similar import. Similarly, statements that describe or contain information related to matters such as the Company’s intent, belief or expectation with respect to its financial performance, investment strategy and portfolio, cash flows, growth prospects and distribution rates and amounts are forward-looking statements. These forward-looking statements often reflect a number of assumptions and involve known and unknown risks, uncertainties and other factors that could cause the Company’s actual results to differ materially from those currently anticipated in these forward-looking statements. In light of these risks and uncertainties, the forward-looking events might or might not occur, which may affect the accuracy of forward-looking statements and cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements. Certain factors that could cause actual results to differ materially from th ese forward-looking statements are listed from time to time in the Company’s Securities and Exchange Commission reports, including, but not limited to, the annual report on Form 10-K for the fiscal year ended December 31, 2009. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibit 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

Exhibit Number	Description
99.1	Presentation Materials of Kite Realty Group Trust, dated November 15, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	KITE REALTY GROUP TRUST
Date: November 15, 2010	By:	/s/ Daniel R. Sink
		Daniel R. Sink
		Executive Vice President and
		Chief Financial Officer

EXHIBIT INDEX

Exhibit Number	Description
99.1	Presentation Materials of Kite Realty Group Trust, dated November 15, 2010

EX-99.1

EXHIBIT 99.1

Kite Realty Group Trust
Investor Presentation
Information as of September 30, 2010

2

§Stable Operating Portfolio	§60 Properties in 9 states §51 Properties in the Retail Operating Portfolio 92.2% leased - 120 bps increase from Q2; 220 bps from Q1 §Diverse tenant base:Largest tenant represents only 3.3% of annualized base rent §5 mile demographics:Population 120,000; Average HHI $83,000
§Increased Leasing Productivity	§Over 910,000 square feet of leasing production in Q1-Q3 2010 §160,000 square feet of new and renewal leases in various stages of negotiation §On pace for approximately 1 million square feet in 2010 - highest level in company history §28 new and renewal anchor leases for 1 million square feet completed since Q1 2009
§Redevelopment Progress	§Toy R Us / Babies R Us opened in October 2010 to occupy a 100% leased redevelopment of a former Circuit City in Coral Springs, FL §Rivers Edge redevelopment in Indianapolis is under construction and 95% pre-leased including anchors Nordstrom Rack, The Container Store, and BuyBuy Baby §Academy Sports at Bolton Plaza in Jacksonville opened in September and the Company is in negotiations with another 47,000 square foot anchor to complete the Wal-Mart backfill
§NOI Upside	§$4.5 million of annualized rent from 11 recently executed anchor tenant leases anticipated to commence over the next 12-15 months

Information as of September 30, 2010

COMPANY OVERVIEW

3

§Rent commencement on executed Jr anchor leases

§$4.5 million in annualized rent anticipated to commence over the next 12-15 months

§Increase small shop occupancy

§From current 78% to historical 85%

§Execute on redevelopments

§Complete tenant construction and interior build-outs at current developments

§88% leased but only 55% occupied

§Future development potential

GROWTH SOURCES

4

§We have been successful in improving the quality and predictability of our
FFO stream.

Real Estate Rental Operations as a Percent of FFO

(1)2010 projection is based on the Company’s previously released earnings guidance.

(1)

IMPROVING FFO QUALITY

5

§Improved leasing production has become a company-wide focus

§We are on pace to achieve approximately 1 million square feet of production for
2010, the highest level in company history

§28 new and renewal anchor leases for 1,000,000 square feet completed over the
last 5 quarters

Total Leasing Production - New and Renewal Leases

LEASING PRODUCTION

6

(1)Annualized base rent represents the monthly contractual rent for September 2010 for each applicable tenant multiplied by 12.

(2)S&P credit ratings for parent company as of 11/5/10.

§Largest single retail tenant comprises only 3.3% of total annualized base rent

§Top 10 retail tenants account for only 22.7% of total annualized base rent

Information as of September 30, 2010

(unless otherwise noted)

DIVERSE TENANT BASE

7

Peer Group Assessment:

Top Tenant as a Percent of Annualized Base Rent

Kroger Bed Bath
Beyond Home
Depot Publix TJ Maxx Wal-Mart/
Sam’s Kroger A&P Supervalu Publix Giant
Foods

Source: Company SEC filings.

Information as of September 30, 2010

DIVERSE TENANT BASE

8

Source: Applied Geographic Solutions.

§High quality assets with an average age of only eight years

§Approximately half of the current portfolio was developed by KRG

§Portfolio benefits from 100% non-owned anchor occupancy

§Strong household incomes surrounding operating portfolio and development pipelines

Portfolio Demographics Comparison

Operating Portfolio vs. Development Pipelines

STRONG DEMOGRAPHICS

9

Source: Applied Geographic Solutions.

§We have a history of selecting strong markets for investment

§Incomes in our Florida, Texas and Indiana portfolio incomes are significantly higher
than statewide levels

STRONG DEMOGRAPHICS

10

(1)Lease expirations of operating portfolio and excludes option periods and ground leases. Annualized base rent represents the monthly contractual rent
for September 2010 for each applicable property multiplied by 12.

§Average 8.4% of total annualized rent is expected to roll each year from 2011
through 2019

§Higher 2012-2015 rollover defers renewal negotiations to a potentially stronger
leasing environment

Information as of September 30, 2010

WELL-STAGGERED LEASE EXPIRATIONS

11

§Eddy Street Commons at Notre Dame

§96% pre-leased or committed

§97% of projected costs incurred

§Fully operational by 12/31/10

§Cobblestone Plaza, Ft. Lauderdale, FL

§78% pre-leased or committed with Whole Foods
executed lease

§90% of projected costs incurred

§Construction of Whole Foods to commence November
2010

Information as of September 30, 2010

IN-PROCESS DEVELOPMENT STATUS

12

§Coral Springs Plaza - Coral Springs, FL

§100% leased

§Toys R Us / Babies R Us replaced Circuit
City and opened October 2010

§Rivers Edge - Indianapolis, IN

§95% pre-leased

§Recently signed anchors include Nordstrom Rack, The
Container Store, and BuyBuy Baby

§Construction commenced October 2010

Information as of September 30, 2010

§Bolton Plaza - Jacksonville, FL

§Academy Sports opened in 65,000 square feet in
September

§In negotiation with 47,000 square foot anchor for
remainder of former Wal-Mart box

REDEVELOPMENT STATUS

13

BEFORE

§The vacant Circuit City box
was expanded to 46,747 SF
and leased to Toys R
Us/Babies R Us.

§The store opened on
November 3, 2010.

AFTER

CORAL SPRINGS REDEVELOPMENT

14

BEFORE

AFTER

BEFORE

§Demolition of the phase one
area is under way.Vertical
construction commences in
mid November.

§Anchor leases are fully
executed with Nordstrom
Rack, Buy Buy Baby and
Container Store.Final lease
negotiations are concluding
with various tenants.

§Rivers Edge is expected to
be one of the finest open air
shopping centers in the City
following the redevelopment.

RIVERS EDGE REDEVELOPMENT

15

BEFORE

AFTER

§The former Wal-Mart box
was partially converted into
a 65,000 square foot
Academy Sports.The
tenant opened for business
in September of 2010.

§We have a fully executed
LOI with a national retailer to
occupy the remaining 47,000
square feet of the building.

BOLTON PLAZA REDEVELOPMENT

16

Scheduled Debt Maturities (1)(2)(3)

(1)Dollars in thousands..

(2)Maturities exclude annual principal amortization.

(3)Amount due in 2012 includes the outstanding balance on our unsecured revolving credit facility reflecting exercise of maturity extension option to February 2012.

§2011 maturities are in process:

§Only 2 CMBS loans totaling $20 million

§5 of 7 property loans held on balance sheet were underwritten with more stringent 2008-09
standards

§Approximately 83% of debt maturities through 2012 are held on balance sheet by relationship
banks including unsecured term loan

MANAGING LEVERAGE

17

Debt Plus Preferred as a Percent of Gross Assets(1)(2)

2010 Estimated AFFO Payout Ratio (2)(3)

(1)Source:KeyBanc Capital Markets Leaderboard 11/5/10 & Company filings.

(2)Peer Group:AKR, CDR, DDR, EQY, FRT, IRC, KIM, REG, RPT, WRI

(3)Source:SNL Financial.Based on most recently announced quarterly dividend annualized

PEER GROUP ANALYSIS

18

DISCLAIMER

This presentation contains certain statements that are not historical fact and may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995.Such forward-
looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results of the Company to differ materially from historical results or from any results expressed or
implied by such forward-looking statements, including, without limitation: national and local economic,
business, real estate and other market conditions, particularly in light of the current challenging economic
conditions; financing risks, including the availability of and costs associated with sources of liquidity; the
Company’s ability to refinance, or extend the maturity dates of, its indebtedness; the level and volatility of
interest rates; the financial stability of tenants, including their ability to pay rent and the risk of tenant
bankruptcies; the competitive environment in which the Company operates; acquisition, disposition,
development and joint venture risks; property ownership and management risks; the Company’s ability to
maintain its status as a real estate investment trust (“REIT”) for federal income tax purposes; potential
environmental and other liabilities; impairment in the value of real estate property the Company owns; risks
related to the geographical concentration of our properties in Indiana, Florida and Texas; assumptions
underlying our anticipated growth sources; and other factors affecting the real estate industry generally.
The Company refers you the documents filed by the Company from time to time with the Securities and
Exchange Commission, specifically the section titled “Business Risk Factors” in the Company’s Annual
Report on Form 10-K for the year ended December 31, 2009, which discuss these and other factors that
could adversely affect the Company’s results.The Company undertakes no obligation to publicly update
or revise these forward-looking statements (including the FFO and net income estimates), whether as a
result of new information, future events or otherwise.