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
Words like “solid,” “steady,” “strong.” That’s how some analysts described Kimco’s second quarter 2012 earnings results. We couldn’t agree more.
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’s Corporate Responsibility program encompasses our efforts to 1) rethink our business in new and creative ways, 2) positively impact communities and individuals, and 3) address our environmental impacts.… Read More
If there’s one word to sum up our first quarter performance, it would be “momentum.”
Everywhere you look — from our NOI and FFO growth, to our positive leasing spreads and improved occupancy, to our continued progress upgrading the quality of our portfolio — there are signs of momentum in our first quarter results.… 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 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
The startup years are the most exciting time for many first-time entrepreneurs and new business owners. But it’s also the most critical period of survival of any new venture, with challenges both known and unforeseen.