The Qualities of Kimco
Strength in Relationships
With more than a half century in retail real estate, Kimco enjoys some of the strongest retailer relationships in the industry. Our typical national retailer relationship spans two decades or more. Such longevity and familiarity translate into marketplace advantage.
When a chain is expanding, we use our knowledge and experience with the retailer – and the size of our portfolio – to quickly find the right locations, efficiently and profitably. Conversely, when a retailer is contracting or going out of business, its relationship with Kimco often means we are first in line to take advantage of retailer-owned real estate buying opportunities. We also help struggling retailers reorganize and maximize the value of their real estate assets – by buying, selling, redeveloping or finding new tenants – so they can stay in business, and together we can share in the value creation.
Our strong relationships also extend to our investment partners. Institutional investors turn to Kimco for our experience and track record of solid returns. In exchange, we gain access to a source of lower-cost capital untapped by many REITs – an advantage when it comes to acquiring high-quality shopping centers.
LOOKING AHEAD
Seeking opportunities to grow along with retailers as they expand store counts – both in the U.S. and internationally… Leveraging joint-venture capital for competitive advantage as we seek to upgrade our shopping center portfolio and enhance returns.