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KIM Stock - Kimco Realty Corp.


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Kimco Realty Corp. (NYSE: KIM) stands as a prominent real estate investment trust (REIT) headquartered in Jericho, N.Y. Known as one of North America's largest publicly traded owners and operators, Kimco specializes in open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company boasts ownership interests in 400 U.S. shopping centers and mixed-use properties, encompassing an impressive 70 million square feet of gross leasable space concentrated in major metropolitan markets across the country.

Since its listing on the New York Stock Exchange in 1991 and inclusion in the prestigious S&P 500 Index, Kimco Realty Corp. has demonstrated a steadfast commitment to excellence in shopping center acquisitions, development, and management. With a rich history spanning over 60 years, the company has built a reputation for innovation and sustainability within the commercial real estate sector. Kimco's strategic approach focuses on enhancing shareholder value through strategic investments and operational efficiencies, ensuring strong returns amidst evolving market dynamics.

Beyond its extensive portfolio and robust financial performance, Kimco Realty Corp. remains dedicated to community engagement and environmental stewardship. The company's proactive initiatives in sustainability underscore its leadership in responsible real estate development practices. As Kimco continues to expand its footprint and enhance its asset base, it remains poised to capitalize on emerging opportunities while maintaining its position as a trusted industry leader.

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Stock Sector: Real Estate: Retail

 

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