Kite Realty Group Trust Announces Closing of Overallotment Option in 8.25% in Preferred Share Offering

Kite Realty Group Trust KRG today announced that it has closed the sale of an additional 200,000 of its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares pursuant to the exercise by the underwriters of their overallotment option. The overallotment option was granted to the underwriters in connection with the Company's previously announced underwritten public offering of 2,600,000 of its 8.25% Series A Preferred Shares, which closed on December 7, 2010.