Kimco Realty Corp - Company Profile
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Business Description
Kimco Realty Corp (Kimco) is a real estate investment trust (REIT). It owns, operates, and manages a portfolio of assets in 29 states in the US, and also in Puerto Rico. The company's key activities include acquisitions and disposition, specialty programs, real estate redevelopment and development, and specialty leasing. As of December 2022, the company owned interests in 532 US shopping centers with 90.8 million sq. ft. of gross leasable area (GLA). Kimco also owned interests in 23 other properties with 5.7 million sq. ft. of GLA through preferred equity investments and other real estate investments. At the end of FY2022, the company leased 94.4% of its properties; and had 8,292 leases in its consolidated operating portfolio.
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Other Break-up
Performance
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Performance
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