secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001025996-22-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Realty Q4 FFO $1.05/share; guides FY2022 FFO $4.35-$4.55
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- Q4 net income $0.40/diluted share, FFO $1.05 (both incl $0.11 early debt charge). Revenue $261.1M.
- Stabilized portfolio 91.9% occupied, 93.9% leased; signed 312K sq ft leases at +20.2% GAAP, +6.9% cash rent bumps.
- FY2022 FFO guidance $4.35-$4.55; Same Store Cash NOI growth 4.5%-5.5%; year-end occupancy ~91%-92%.
- Issued $450M 2.65% green bonds due 2033; redeemed $300M 3.80% notes early; liquidity ~$1.4B.
- Completed $1.1B capital recycling (sold The Exchange, acquired Indeed Tower); dividend increased 4% to $2.08/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000053/0001025996-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000053/krc-20220131.htm
  HTML page:      https://secwatch.observer/filing/0001025996-22-000053

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