Quarterlytics / Real Estate / REIT - Retail / Kimco Realty

Kimco Realty

KIM · NYSE Real Estate
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Ticker KIM
Exchange NYSE
Sector Real Estate
Industry REIT - Retail
Employees 501-1000

Business description

Kimco Realty (NYSE:KIM) has established itself as a prominent player in the real estate investment trust (REIT) space. With its headquarters in Jericho, N.Y., Kimco is North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and has a growing portfolio of mixed-use assets. The company's strategic positioning is primarily concentrated in the first-ring suburbs of the top major metropolitan markets, including those in high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix focuses on essential, necessity-based goods and services that drive multiple shopping trips per week. Furthermore, Kimco Realty is dedicated to excellence in environmental, social, and governance (ESG) issues and has won accolades for its leadership in these areas. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has been in the shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than six decades. As of December 31, 2022, Kimco Realty owned a stake in 532 U.S. shopping centers and mixed-use assets, comprising 91 million square feet of gross leasable space.

kimcorealty.com
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Company facts
TickerKIM
ExchangeNYSE
Sector Real Estate
Industry REIT - Retail
Employees501-1000