RPAI - Earnings announcements

OAK BROOK, Ill., Aug. 3, 2021 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE:RPAI) (the "Company") today reported financial and operating results for the quarter and six months ended June 30, 2021. FINANCIAL RESULTSFor the quarter ended June 30, 2021, the Company reported: Net income attributable to common shareholders of $15.4 million, or $0.07 per diluted share, compared to net loss attributable to common shareholders of $(7.3) million, or $(0.04) per diluted share, for the same period in 2020; Funds from operations (FFO) attributable to common shareholders of $56.9 million, or $0.27 per diluted share, compared to $36.1 million, or $0.17 per diluted share, for the same period in

Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet Strengthens High-Quality Open-Air Shopping Center Portfolio Expands Presence in Strategic Markets Provides Future Value Creation Opportunities Creates a Top 5 Shopping Center REIT by Total Enterprise Value INDIANAPOLIS and CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) and Retail Properties of America, Inc. (NYSE:RPAI) today announced that they have entered into a definitive merger agreement under which RPAI would merge into a subsidiary of KRG, with KRG continuing as the surviving public company. The strategic transaction joins together two high-quality portfolios