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): March 14, 2011

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 March 14, 2011.  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 these 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 March 14, 2011

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: March 14, 2011	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 March 14, 2011

EX-99.1

Kite Realty Group Trust

Investor Presentation

2

COMPANY OVERVIEW

§Stable Operating Portfolio	§61 Properties in 9 states §53 Properties in the Retail Operating Portfolio; 92.2% leased §Diverse tenant base:Largest tenant represents only 3.2% of annualized base rent §5 mile demographics:Population 127,000; Average HHI $86,000
§Increased Leasing Productivity	§Over 1.1 million square feet of leasing production in 2010 - the highest level in company history §Retail Operating Portfolio leased percentage increased 220 basis points since Q1 2010 §Increased shop leased percentage 270 basis points since Q1 2010 §34 new and renewal anchor leases for 1.1 million square feet completed since Q1 2009
§Development & Redevelopment Progress	§Completed Eddy Street Commons development and Coral Springs Plaza redevelopment and transitioned them to the operating portfolio §Commenced construction on Whole Foods at Cobblestone Plaza in Pembroke Pines, Florida as well as the South Elgin Commons II project in Chicago, Illinois §Rivers Edge redevelopment in Indianapolis is under construction and 95% pre-leased including anchors Nordstrom Rack, The Container Store, BuyBuy Baby, Arhaus Furniture, and BGI Fitness
§Earnings Upside	§$4.5 million of annualized EBITDA from recently executed leases anticipated to commence by the end of 2011

Information as of December 31, 2010

3

GROWTH SOURCES

§Rent commencement on executed Jr anchor leases

§$4.5 million in annualized rent and recoveries anticipated to commence by the end of 2011

§Increase small shop occupancy

§From current 78% to historical 85%

§Execute on redevelopments

§Rivers Edge in Indianapolis, IN is 95% leased and under construction

§In discussions with replacement anchor tenants for the balance of the former Wal-Mart at
Bolton Plaza in Jacksonville, FL

§Complete tenant construction and interior build-outs at Cobblestone Plaza

§With Whole Foods under construction, Cobblestone Plaza in Pembroke Pines, FL is 84%
leased but only 34% occupied

§Future development potential

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

Recurring Real Estate Income as a Percent of FFO

(1)2011 projection is based on the Company’s previously released earnings guidance.

IMPROVING FFO QUALITY

(1)

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§Leasing production is a constant company-wide focus

§Leased 1.1 million square feet during 2010, the highest level of production in company
history and a 64% increase over 2009 levels

§34 new and renewal anchor leases for 1.1 million square feet completed since Q1 2009

Total Leasing Production - New and Renewal Leases

LEASING PRODUCTION

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DIVERSE TENANT BASE

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

(2)S&P credit ratings for parent company as of 2/28/2011.

(3)Rating from Moody's, S&P does not rate Toys R Us

§Largest single retail tenant comprises only 3.2% of total annualized base rent

§Top 10 retail tenants account for only 22.0% of total annualized base rent

Information as of December 31, 2010

(unless otherwise noted)

7

DIVERSE TENANT BASE

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 December 31, 2010

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STRONG DEMOGRAPHICS

Source: Applied Geographic Solutions.

§High quality assets with an average age including redevelopment of less
than 9 years

§Approximately half of the current portfolio was developed by KRG

§Portfolio benefits from 100% non-owned anchor occupancy

Portfolio Demographics Summary

9

STRONG DEMOGRAPHICS

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

10

WELL-STAGGERED LEASE EXPIRATIONS

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

§Average 8.2% of annualizedbase rent is expected to roll each year from 2011
through 2020

§With the exception of 2015, our annual exposure to expirations is limited to
approximately 10.5% or less

Information as of December 31, 2010

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IN-PROCESS DEVELOPMENT STATUS

§Cobblestone Plaza, Ft. Lauderdale, FL

§133,000 sf owned GLA

§84% pre-leased or committed with Whole Foods executed lease

§90% of projected costs incurred

§Construction of Whole Foods underway with tenant anticipated
to take possession in the second half of 2011

Information as of December 31, 2010

§South Elgin Commons, Chicago, IL

§128,000 sf owned GLA

§Phase II 100% pre-leased

§Construction commenced

§Ross Stores and Toys R Us will join LA Fitness (open and
operating in Phase I) as anchor tenants

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RIVERS EDGE REDEVELOPMENT

BEFORE

AFTER

BEFORE

§Vertical construction
commenced in Q4 2010 at 95%
pre-leased.

§Anchor leases are executed with
Nordstrom Rack, Buy Buy Baby,
The Container Store, Arhaus
Furniture, and BGI Fitness.

§Secured construction financing
with a 5-year term at LIBOR +
325 bps.

§Select rent commencements
anticipated for the second half of
2011.

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BOLTON PLAZA REDEVELOPMENT

BEFORE

AFTER

§The former Wal-Mart box was
partially converted into a 65,000
square foot Academy Sports.

§Academy Sports opened for
business in September of 2010.

§In discussions with potential
retailers for space in the
remainder of the former Wal-
Mart box.

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EDDY STREET COMMONS AT NOTRE DAME

§Substantially completed and
transitioned to the operating
portfolio.

§88,000 square feet of retail, 85%
leased following the execution of
a lease with Urban Outfitters.

§In late stage negotiations with a
tenant to reach approximately
95% leased.

§82,000 square feet of office at
91% leased.

§Air rights lease with owner of the
apartment component provides
consistent rental stream.

15

CORAL SPRINGS REDEVELOPMENT

BEFORE

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

§Completed and transitioned to
the operating portfolio.

§Store opened November 2010.

AFTER

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Scheduled Debt Maturities (1)

MANAGING LEVERAGE

(1)Dollars in thousands.Maturities exclude annual principal amortization.Includes subsequent events.

§Including subsequent events, approximately 50% of 2011 maturities have been satisfied since Q3
2010

§Nearly all 2011 maturities and approximately 86% of maturities through 2012 are held on balance
sheet by relationship banks

§Our strategy is to secure long term financing, however 60% of 2011 maturities have extension options

§In advance discussions with our bank group regarding a 3-year renewal on our line of credit

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(1)Dollars in thousands.

(2)Net of partner’s share of consolidated debt.

§In Q4 2010, the Company issued 2.8 million shares of preferred shares

§Net proceeds of approximately $67.5 million

§Paid off $55 million unsecured term loan with 2011 maturity date

§$4.5 million of annualized EBITDA from recently executed leases anticipated
to commence by the end of 2011

IMPROVING DEBT/EBITDA

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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.