KRC / Recovering Office Demand Is Driving Surging Rents for These REITs

Kilroy Realty shares have lost over one-third of their value due to concerns about remote working and rental demand in the office sector. The company' more_horizontal

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release third quarter 2023 financial results aft more_horizontal

The office industry has been heavily impacted by oversupply and the rise of remote work during the pandemic. Kilroy Realty Corporation stands out in t more_horizontal

In trading on Tuesday, shares of Kilroy Realty were yielding above the 6% mark based on its quarterly dividend (annualized to $2.16) more_horizontal

Kilroy's dividend is well-covered and the stock is cheap. A weakening labor market could be the catalyst to push employees back to the office. more_horizontal

While Office REITs have long been out of favor, it is only post-pandemic that the ones with top-notch quality and location are also attractively price more_horizontal

Kilroy Realty is seen as an attractive investment opportunity due to its strong balance sheet, high dividend yield, and low valuation. Despite a drop more_horizontal

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release second quarter 2023 financial results af more_horizontal