REIT - Retail Industry | Real Estate Sector | Mr. Conor C. Flynn CEO | NYSE Exchange | US49446R1095 ISIN |
United States Country | 660 Employees | 5 Sep 2024 Last Dividend | 24 Aug 2005 Last Split | 22 Nov 1991 IPO Date |
Kimco Realty (NYSE:KIM) is a distinguished real estate investment trust (REIT) that marks its presence with a significant footprint across North America, holding the title as the largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and increasingly, a portfolio of mixed-use assets. Situated in Jericho, N.Y., the company prides itself on a strategic portfolio predominantly positioned in the first-ring suburbs of major metropolitan areas. This includes properties in high-barrier-to-entry coastal markets as well as in the rapidly growing Sun Belt cities, thereby tapping into a diverse range of economic landscapes. With a dedication that spans over 60 years, Kimco Realty has carved a niche in the realm of shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities. Recognizing the importance of sustainability and corporate responsibility, Kimco is deeply committed to leading in environmental, social, and governance (ESG) practices, establishing itself as an industry beacon in these respects. Reflecting its robust market performance and reliability, Kimco Realty has been a constant figure on the NYSE since 1991 and is a valued component of the S&P 500 Index. As of the end of 2023, Kimco Realty boasts ownership interests in 523 U.S. shopping centers and mixed-use assets, spreading across 90 million square feet of gross leasable space.
Kimco Realty offers a comprehensive suite of products and services tailored to the dynamic needs of retailers, businesses, and communities, focusing on providing valuable spaces for shopping and services: