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Indianapolis-based Kite Realty Group Trust (NYSE: KRG) is reporting funds from operations (FFO) of $2.8 million for the third quarter of 2009, including a non-cash impairment charge of $5.4 million. Excluding the charge, FFO was $8.2 million, compared to $12.0 million in the third quarter of 2008. The company says its still expects full-year FFO to be in the range $0.57 to $0.61 per diluted share.
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