Kimco Realty Corporation (HC)

Ticker(s):

KIM, KIM-PM, KIM-PL, and KIM-PN

Country:

Sector & Industry:

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Business Overview

Kimco Realty (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of December 31, 2024, the company owned interests in 568 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space.

Contact & Other Information

Number of Employees:

717

500 North Broadway
Suite 201
Jericho

,

NY

,

11753-2128
United States
516 869 9000
02/21/2025 | 10-K | 0000950170-25-024723 |

Kimco Realty Corp’s 2024 10-K filing shows a decrease in net income but an increase in FFO. The company faces economic and cybersecurity risks but has opportunities in mixed-use developments and strategic acquisitions.