Kite Realty Group Shareholders and Retail Properties of America stockholders approve merger

Kite Realty Group Trust (KRG), a premier owner and operator of open-air, grocery-anchored shopping centers, and Retail Properties of America (RPAI), an owner and operator of high-quality, open-air and mixed-use shopping centers, announced today that KRG shareholders and RPAI stockholders approved all of the proposals necessary for the closing of the previously announced merger of RPAI into a subsidiary of KRG, with KRG continuing as the surviving public company.

The merger is expected to close on October 22, 2021.