Kimco Realty Corporation (KIM-PL)
- Zacks
Kimco (KIM) Attains 2024 Disposition Target for Former RPT Assets
The disposition of these properties came as part of Kimco's (KIM) efforts to align its portfolio with long-term investment goals.
- Business Wire
Kimco Realty® Announces First Quarter Transaction Activity Highlighted by the Sale of Ten Former RPT Properties for $248 Million
JERICHO, N.Y., March 27, 2024--Kimco Realty® (NYSE: KIM) today announced the disposition of ten former RPT Realty (RPT) properties for an aggregate price of $248 million. These centers did not fully align with the company’s long-term investment goals. Pricing for the ten properties equated to an approximately 8.5% blended in-place cap rate. As part of these sales, Kimco invested approximately $67 million under its Structured Investment program on seven of the properties and expects to earn a 10%
- Business Wire
Kimco Realty® Invites You to Join Its First Quarter Earnings Conference Call
JERICHO, N.Y., March 21, 2024--Kimco Realty® (NYSE: KIM) will announce its first quarter 2024 earnings on Thursday, May 2, 2024, before market open. You are invited to listen to our quarterly earnings conference call, which will be webcast on Thursday, May 2, 2024, at 8:30 AM ET.
