secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001025996-22-000127
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Realty Q1 FFO $1.16/sh vs $0.98 YoY; guides FY22 FFO $4.44-$4.58
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- Net income $0.45/diluted share, revenues $265.5M; FFO per share $1.16 vs $0.98 prior year.
- Stabilized portfolio 91.3% occupied, 93.1% leased; signed 183k sf leases with 32.9% GAAP rent growth.
- Acquired 2.9-acre Austin land for $40M; commenced two life science redevelopments in San Diego.
- Updated FY22 FFO guidance to $4.44-$4.58 midpoint $4.51; liquidity ~$1.3B, no maturities until Dec 2024.
- Total development spending expected $500M-$575M in 2022; Same Store Cash NOI growth guided 5-6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000127/0001025996-22-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000127/krc-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001025996-22-000127

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