Kilroy Realty at BofA NY Global Real Estate Conference 2026: leasing momentum builds

Kilroy Realty Corporation reported at the BofA NY Global Real Estate Conference 2026 that leasing momentum is improving across its West Coast office and life science portfolio. The company highlighted a sharp recovery in San Francisco and stronger demand in several other markets, with San Francisco shifting from being one of its weakest markets to one of its strongest.

Management also noted near-term headwinds, including a large 2027 lease expiration and higher refinancing costs if interest rates stay elevated. The stock has declined 17% over the past year, but InvestingPro analysis suggests the company is currently undervalued, trading below its Fair Value, and offers a dividend yield of 6.19%.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.