Kimco Realty Corporation

Kimco Realty Corporation is a real estate investment trust (REIT) that owns and operates high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company's portfolio is strategically concentrated in first-ring suburbs of major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix focuses on essential, necessity-based goods and services that drive frequent shopping trips. With over 65 years of experience, Kimco specializes in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities.

Kimco Realty Corporation is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol KIM-PM. The company's stock is denominated in US Dollars (USD). It has been listed on the NYSE since 1991 and is included in the S&P 500 Index.

Kimco Realty Corporation operates in the Real Estate sector and specifically within the REIT - Retail industry. As a real estate investment trust, it primarily generates income by leasing space in its shopping centers and mixed-use properties to tenants, with a focus on grocery-anchored retail that provides essential goods and services.

Kimco Realty Corporation is based in Jericho, New York, and was incorporated in Maryland in 1958. The company serves the United States market, with its portfolio of 565 shopping centers and mixed-use assets (as of March 31, 2026) concentrated in first-ring suburbs of top major metropolitan areas, including high-barrier-to-entry coastal markets and Sun Belt cities. These properties encompass approximately 100 million square feet of gross leasable space.

Kimco Realty Corporation generates revenue primarily through leasing space in its portfolio of open-air, grocery-anchored shopping centers and mixed-use properties. The company's business model focuses on owning and managing properties that feature essential, necessity-based tenants such as grocery stores, which drive frequent shopping trips and stable foot traffic. Additionally, Kimco engages in value-enhancing redevelopment activities to improve its properties and increase rental income. As a REIT, it is required to distribute a majority of its taxable income to shareholders as dividends.