Kilroy Realty Corporation · NYSE:KRC
Kilroy Realty — Q4 2024 Earnings Presentation
23 slides from Kilroy Realty's earnings presentation, Feb 11, 2025
Slide 1: Kilroy Realty Corporation Quarter Ended December 31, 2024
Kilroy Realty Corporation Quarter Ended December 31, 2024
Slide 2: Company Overview
Company Overview
Slide 3: Who is Kilroy?
PORTFOLIO QUICK FACTS Who is Kilroy? ° Rentable Square Feet (RSF) - Stabilized Portfolio 17,142,721 Office and Life Science Properties 123 - Kilroy Realty Corporation (“KRC” or the “Company’”) is a leading, publicly traded Stabilized Occupancy (%) / Leased (%) 82.8% / 84.9% owner and operator of Cla
Slide 4: Why Kilroy?
Why Kilroy? An Opportunity to Capitalize on the West Coast Recovery Now Underway Strengthening Fundamentals Across the Company's Markets - Fueled by rising levels of venture capital funding, a rapidly expanding Al sector, and return-to-office momentum, KRC represents a compelling opportunity to capi
Slide 5: Kilroy's Strategic Approach
Kilroy’s Strategic Approach • • • • • • • •
Slide 6: West Coast Recovery
West Coast Recovery Seattle Austin San Francisco Bay Area Los Angeles San Diego
Slide 7: West Coast Recovery
West Coast Recovery – Andy Jassey, CEO, Amazon – Jeremy Legg, CTO, AT&T
Slide 8: West Coast Recovery: Rising VC Funding and Expanding AI Sector
West Coast Recovery Rising Levels of VC Funding and an Expanding Al Sector - The West Coast raised approximately $126B in total VC funding in 2024, a ~53% increase over 2023, with approximately $77B concentrated in Al and machine learning - Al companies are now beginning to play a crucial role in th
Slide 9: West Coast Recovery: Life Science Sector Growth
West Coast Recovery Life Science Sector Remains Poised for Long-Term Growth, Driven by Sustained R&D and Technological Advancements - US. life science venture capital funding exceeded $36B in 2024, representing a ~19% increase YoY, or a ~33% increase versus pre-pandemic levels * The San Francisco Ba
Slide 10: Leasing Performance and Outlook
Leasing Performance and Outlook
Slide 11: Leasing Performance and Outlook
Leasing Performance and Outlook − −
Slide 12: Leasing Performance and Outlook
Leasing Performance and Outlook • ⎻ ⎻ ⎻ ⎻ ⎻ ⎻
Slide 13: Life Science Opportunity
Life Science Opportunity
Slide 14: Life Science Opportunity
Life Science Opportunity − − −
Slide 15: Life Science Opportunity
Life Science Opportunity PHASE 3 PHASE 4
Slide 16: In-Process Development - Kilroy Oyster Point Phase 2
Life Science Opportunity In-Process Development - Kilroy Oyster Point (“KOP”) Phase 2 Project Overview: - KOP Phase 2 is a three-building, 875K SF life science development within KRC’s broader five-phase KOP project, located on a 50-acre waterfront site in South San Francisco. KOP Phase 2 was delive
Slide 17: Strong Balance Sheet and Robust Liquidity Profile
Strong Balance Sheet and Robust Liquidity Profile
Slide 18: Strong Balance Sheet and Robust Liquidity Profile
Strong Balance Sheet and Robust Liquidity Profile − • − •
Slide 19: Environmental, Social, and Governance
Environmental, Social, and Governance
Slide 20: Environmental, Social, and Governance
Environmental, Social, and Governance
Slide 21: Environmental, Social, and Governance
Environmental, Social, and Governance
Slide 22: Environmental, Social, and Governance
Environmental, Social, and Governance
Slide 23: Kilroy - Where Innovation Works
KILROY Where Innovation Works