Kimco’s fourth-quarter and full-year results show a company that is in the sweet spot of supply and demand.

In the U.S., more than 81,000 stores are expected to open over the next two years (a five-year high), while new shopping center construction has hit a 35-year low. … Read More

“Strong and eventful.” That’s how Dave Henry described Kimco’s second quarter during our recent investor call.

FFO as adjusted increased by 12.9 percent and our operating metrics were very strong: U.S. same-site NOI grew 4.2 percent (the biggest year-over-year jump in six years and Kimco’s 13th consecutive quarter of rising NOI), U.S.… Read More

Kimco is continuing its initiative to focus its portfolio on core, strategic assets in the country’s strongest markets, and has been on the lookout for properties that will become a solid long-term investment. Two of our latest acquisitions in this effort have been City Heights Retail Village and Santee Trolley Square in the San Diego metro area.… Read More

Kimco held its 2013 Investor Day yesterday at the New York Palace Hotel. This was a highly anticipated event with over 125 confirmed attendees looking to hear about Kimco’s strategy over the next several years. Our path for growth hinges on three core initiatives, associated with the initials T.S.R.Read More

Just like the field that charged out of the gate at the recent Kentucky Derby, Kimco has come out strong in 2013, with first-quarter operating results that exceeded expectations.

Our reported funds from operations (FFO) rose 6.5 percent over the prior year, and our same-site net operating income (NOI) climbed 4 percent — not only our twelfth consecutive quarter of growing NOI, but our highest quarterly increase in five years.… Read More

Kimco Realty capped off a solid 2012 with a fourth quarter performance that beat analyst expectations, as the company continued to make progress on its strategic objectives and deliver improved operating results amid stronger demand for retail space.

Our reported funds from operations (FFO) as adjusted — a widely used supplemental measure of REIT performance — came in at $0.33 per diluted share in the fourth quarter, up 10 percent over the prior year.… Read More

Kimco reported its third-quarter earnings last week and the numbers tell a compelling story.  Not only did we continue to deliver strong financial and operating results, but we moved closer to becoming a pure-play North American retail real estate investment company with a portfolio built for long-term stability and growth.… Read More

The affluent town of Wilton, Conn., is home to Kimco’s latest acquisition, Wilton River Park. Kimco has acquired the remaining property on the 283,000-square-foot complex, after purchasing the Wilton Campus Shops portion in August 2012.

Kimco_Park

Wilton River Park comprises 20 acres of premier office and retail properties in Lower Fairfield County, a region known as Connecticut’s “Gold Coast” for its wealthy residents and upscale culture.… Read More

Kimco Realty Corp. turned in another strong performance in the third quarter. We made steady progress toward our key objectives and saw continued improvement across our shopping center portfolio, both in terms of our operating metrics and strong retailer demand for space.… Read More