Kilroy Realty Corporation (KRC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the KRC 4Q25 Earnings Conference Call. My name is Emily, and I'll be coordinating your call today. After the presentation, you will have the opportunity to ask any questions, which you can do so by pressing Start, followed by the number 1 on your telephone keypad. I will now hand over to Doug Bettesworth, Vice President of Corporate Finance, to begin. Please go ahead, Doug. Good morning, everyone. Thank you for joining us. On the call with me today are Angela Ahman, CEO, Jeffrey Keeling, EVP CFO and Treasurer, and Elliot Trencher, EVP CIO. In addition, Justin Smart, President, and Rob Perot, EVP Chief Leasing Officer, will be available for Q&A. Please note that some of the information we will be discussing during this call is forward-looking in nature. Please refer to our supplemental package for a statement regarding the forward-looking information on this call and in the supplemental. This call is being webcast live on our website and will be available for replay for the next eight days. Our earnings release and supplemental package have been filed on a form 8K with the SEC, and both are also available on our website. Angela will start the call with a strategic overview and quarterly highlights. Elliot will provide an update on our recent transaction activity, and Jeffrey will discuss our financial results and provide you with our 2026 guidance. Sam will be happy to take your questions. Angela? Thanks, Doug, and thank you all for joining today's call. 2025 was a year of meaningful progress and momentum for Kilroy. highlighted by disciplined execution across our entire platform. We remained focused on driving leasing across both our operating and development portfolios, harvesting value through non-core asset sales, monetizing or adva...