Kimco Realty Corp. reports developments for a U.S. real estate investment trust that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties. Its updates center on leasing volume, rent commencements, occupancy, tenant mix, net income, funds from operations, balance sheet activity, and capital allocation across a portfolio concentrated in first-ring suburbs of major metropolitan markets.
Recurring announcements also cover acquisitions, dispositions, redevelopment and structured investment activity, dividend tax treatment for common and preferred stock, board composition, earnings calls, and investor conference presentations.
Kimco Realty (NYSE: KIM) acquired Paddock Shops and Shelbyville Road Plaza, two grocery-anchored shopping centers in Louisville, for $295 million. The properties total over 741,000 square feet and are anchored by Trader Joe’s and The Fresh Market. Paddock Shops is 94% leased; Shelbyville Road Plaza is 92% leased.
The blended initial capitalization rate, a property income yield, is in the low 6% range, over 100 basis points above the approximately 5% average on Kimco’s 2026 dispositions. Funding came primarily from 1031 exchange proceeds from those sales; Kimco describes the acquisition as leverage-neutral. The company’s underwriting projects net operating income growth of approximately 4% annually over the next ten years, supported by below-market rents on some leases and opportunities to change the tenant mix. Kimco now owns three grocery-anchored Louisville centers totaling 911,000 square feet.
Kimco Realty (KIM) raised its 2026 earnings outlook after third-quarter net income available to common shareholders reached $0.41 per diluted share. Net income rose to $272.5 million from $130.2 million a year earlier, primarily reflecting higher property-sale gains, net of impairments. Funds from operations (FFO), a non-GAAP earnings measure, rose 6.8% per diluted share to $0.47.
Leased occupancy reached a record 96.6%, and same-property net operating income grew 4.9% year over year. Kimco sold The Witmer for $211.5 million, with a $116.3 million pro-rata share, and repurchased $150 million of common stock. The company raised full-year guidance to $1.07–$1.09 for net income and $1.84–$1.86 for FFO per diluted share, from $1.00–$1.03 and $1.83–$1.84, respectively. The common quarterly dividend increased 7.7% year over year to $0.28 per share.
Kimco Realty (KIM) will release its third quarter 2026 earnings on Thursday, October 29, 2026, before the market opens and will host an earnings conference call at 8:30 AM ET the same day.
The live webcast can be accessed via the "3Q26 Kimco Realty Earnings Conference Call" link or through the company’s investor website at investors.kimcorealty.com. Investors may also join by dialing 1-833-461-5787 (international: +1 585-542-9983) using Meeting ID 639421184. Audio from the call will remain available on the investor relations website until January 27, 2027.
Kimco Realty is a U.S. shopping center REIT that, as of June 30, 2026, owned interests in 564 shopping centers and mixed-use assets totaling 100 million square feet of gross leasable space, and communicates material information through its investor website, SEC filings, press releases, public calls, webcasts, and selected social media channels.
Kimco Realty (KIM) will have its management present at the BofA Securities 2026 Global Real Estate Conference on Tuesday, September 15, 2026.
The presentation is scheduled from 12:45 PM to 1:20 PM ET, with audio available via live webcast and then archived on Kimco Realty’s investor relations website until December 15, 2026. Kimco Realty is a REIT focused on open-air, grocery-anchored shopping centers and mixed-use properties in major U.S. metropolitan markets, and as of June 30, 2026, it owned interests in 564 properties totaling 100 million square feet of gross leasable space.
Kimco Realty (NYSE: KIM) reported second quarter 2026 net income available to common shareholders of $145.8 million, or $0.22 per diluted share, versus $155.4 million, or $0.23, a year earlier, mainly due to lower gains on property sales. FFO rose to $309.2 million, or $0.46 per diluted share, up 4.5% year-over-year.
Portfolio metrics were strong: pro-rata occupancy matched an all-time high of 96.4%, small-shop occupancy reached a record 92.9%, and same property NOI grew 3.5%. Kimco executed 461 leases covering 2.5 million square feet, with blended cash rent spreads of 13.1%, including 40.4% on new leases.
Kimco continued capital recycling, selling The Milton multifamily asset for $142.3 million and other properties, and acquiring two Florida centers for a combined $109 million (through July 31, 2026 data). The company issued $600 million of 3.50% exchangeable senior notes due 2031 and repurchased about 4.1 million common shares for $104.7 million, ending the quarter with $2.7 billion of immediate liquidity.
The board increased the quarterly common dividend by 12% year-over-year to $0.28 per share. Kimco raised its 2026 guidance, now expecting net income of $1.00–$1.03 per diluted share (from $0.83–$0.87) and FFO of $1.83–$1.84 (from $1.81–$1.84), supported by projected same property NOI growth of 3.0% to 3.5%.
Kimco Realty (NYSE: KIM) will release its second quarter 2026 earnings on Tuesday, August 4, 2026, before market open, followed by an earnings conference call at 8:30 AM ET.
Details include webcast, dial-in information, replay availability, and an overview of Kimco’s U.S. shopping center portfolio.
Kimco Realty OP, LLC (NYSE: KIM) priced an upsized $525 million private offering of 3.50% exchangeable senior notes due 2031 to qualified institutional buyers under Rule 144A, guaranteed by Kimco on a senior unsecured basis.
The notes carry a 3.50% coupon, mature June 15, 2031, include a $75 million greenshoe, and have an initial exchange price of $32.36 per share, a 27.5% premium. Estimated net proceeds are $513.5–$587 million, with about $104.7 million earmarked to repurchase 4,125,900 Kimco shares and the balance for general corporate purposes, including debt repayment and investments.
Kimco Realty OP, LLC, the operating subsidiary of Kimco Realty (NYSE: KIM), plans a private offering of $500 million exchangeable senior notes due 2031, with an option for an extra $75 million. Kimco will fully guarantee the notes.
Up to $125 million of net proceeds will fund concurrent common stock repurchases, with remaining proceeds for general corporate purposes, including debt redemption/repayment and acquisition, investment and redevelopment opportunities. The notes are exchangeable into cash and, if applicable, Kimco common stock and include specified redemption and repurchase features.
Kimco Realty (NYSE: KIM) announced that its management team will present at Nareit’s REITweek: 2026 Investor Conference on Wednesday, June 3, 2026, from 2:00 PM to 2:30 PM ET. A live webcast and replay will be accessible via Kimco Realty’s investor relations website.
Kimco Realty (NYSE: KIM) announced that its management will present at the Bernstein Strategic Decisions Conference 2026 on Wednesday, May 27, 2026, from 2:30 PM to 3:20 PM ET.
A live webcast will be available on the company’s investor relations website, with audio accessible until August 25, 2026. Kimco Realty is a U.S. REIT focused on open-air, grocery-anchored shopping centers and mixed-use assets.