Kite Realty Group Trust, a real estate investment trust (REIT), engages in the development, construction, acquisition, ownership, and operation of neighborhood and community shopping centers in the United States. It also provides real estate facility management, construction, development, and other advisory services to third parties. As of June 30, 2005, the company owned interests in a portfolio of 36 operating retail properties; and 12 retail properties under development, as well as had interests in 5 operating commercial properties. The company has elected to be taxed as a REIT pursuant to the Internal Revenue Code. As a REIT, Kite Realty Group would not be subject to income tax to the...