Kilroy Realty Q3 FFO $0.98, rev $232.3M; dividend up 4%, FY guidance $3.74-$3.80

KILROY REALTY CORP

2021-Q3 EPS reported $4.96 revenue$693,955,000

Net income $47M ($0.40/share); FFO $116M ($0.98/share); revenues $232.3M.
Dividend increased 4% to $0.52/quarter ($2.08 annualized).
Stabilized portfolio 91.5% occupied; 459K sf leased with GAAP rent +24.4%, cash +8.3%.
Acquired 2001 West 8th Ave, Seattle for $490M (100% leased, Amazon ~70%).
Updated FY2021 FFO guidance $3.74-$3.80; same store cash NOI growth 5%-5.5%.

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