Since its 1991 IPO, Kimco has returned an average of 13 percent a year to its shareholders, outpacing the returns of the broader REIT sector and leading market indices.
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59% increase in average rent per square foot (bought vs. sold properties) since Investor Day 2010

$2.1 billion of capital refinanced in 2012

10.5% increase in cash dividend

$13.2 billion of enterprise value

94% occupancy rate, highest since 2008

27.8% spread on new U.S. leases

170 basis-point increase in small-shop occupancy in 2012

11 consecutive quarters of same-site NOI growth

F O C U S E D on Results

Kimco follows an “Income Plus” strategy, making sure our portfolio of stable shopping centers delivers the consistent, reliable income stream our investors expect, while offering an upside “plus” from opportunistic retail investments.

It takes effort and creativity to make that model work. Kimco employees focus everyday on generating maximum cash flow from our shopping centers by keeping space filled, rents paid and operating expenses down, while finding new sources of revenue through value-added services and ancillary income programs.

It also takes connections and intelligent risk-taking to capitalize on new opportunities, such as our participation, announced earlier this year, in a buyout of five leading supermarket chains with nearly 900 stores from Supervalu.

In the end, it all adds up to a record of market-beating returns that is the envy of our industry… and the pride of our employees.