secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001025996-22-000223
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 Q3 2022: FFO $1.17/sh (+20% YoY), revenue $276M (+19%), dividend raised 3.8% to $0.54
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- FFO of $139.7M or $1.17 per diluted share, up 20% from Q3 2021; net income $79.8M ($0.68/sh) including $0.15 gain on sale.
- Stabilized portfolio 90.8% occupied, 92.6% leased; signed 132k SF leases in Q3 with GAAP rent +16.8%.
- Completed sale of 3130 Wilshire for $48M; total liquidity ~$1.6B.
- Increased quarterly dividend by 3.8% to $0.54/sh ($2.16 annualized); new $400M term loan with $200M draw.
- Updated 2022 FFO guidance to $4.62-$4.68 per share (midpoint $4.65); same-store cash NOI growth 6.0%-6.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000223/0001025996-22-000223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000102599622000223/krc-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001025996-22-000223

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