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REIT Comments |
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01/22/2010
KRC $31
Kilroy Realty KRC traded DOWN ($0.65) per share to close DOWN (2%) day
KRC underperformed Office REITs, DOWN (8%) for 2009
KRC traded unchanged year to date for 2010
KRC unemployment in southern CA impacts demand for office space, forcing lower rental rates and declining occupancy
KRC previous guidance for FFO for 2009 indicated (18%) decline
KRC an Office REIT with a portfolio of office properties in southern CA
KRC we rank 5 SELL
KRC market cap $1.2 billion
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