Kimco Realty
Kimco Realty Corp. is a leading self-administered real estate investment trust (REIT) and the largest publicly traded owner and operator of open-air, grocery-anchored shopping centers in North America. The company focuses on acquiring, developing, and redeveloping high-quality retail and mixed-use assets located in major metropolitan coastal and sun belt markets. Its core value proposition centers on providing essential, necessity-based retail destinations supported by strong demographics and high barriers to entry.
Financials
Based on Q1 2026 filing
Revenue
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Shopping Center Portfolio
primaryThe primary business involving the ownership and operation of open-air shopping centers, primarily anchored by grocery, home improvement, and pharmacy tenants. This segment focuses on long-term lease income and organic rent growth through anchor and small-shop leasing.
Open-air shopping centers, Grocery-anchored retail space, Mixed-use assets, Signature Series properties
National retailers, Regional retailers, Grocery chains, Pharmacy operators, Home improvement retailers
Investment Real Estate Management
moderateManagement of property portfolios through institutional joint venture programs where the company retains a noncontrolling economic interest. The company generates revenue through management, acquisition, and disposition fees, as well as performance-based promoted interests.
Institutional joint ventures, Property management services, Leasing and operational support, Investment real estate management programs
Institutional investors, Real estate professionals
Structured Investments & Redevelopment
moderateActivities focused on value creation through the redevelopment of existing centers, adding residential density, and providing preferred equity capital to real estate professionals. This includes obtaining multi-family entitlements to transform retail sites into live/work/play environments.
Multi-family residential units, Preferred equity capital, Redevelopment projects, Plus/Structured investments
Residential tenants, Real estate developers, Distressed retailers
Segment Financials
Real Estate Rental Operations — Other Cost And Expense Operating
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View metricReal Estate Rental Operations — Operating Income Loss From Unconsolidated Real Estate Joint Ventures
View metricReal Estate Rental Operations — Operating Income Loss Including Unconsolidated Real Estate Joint Ventures
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Competitive Position
Kimco is North America's largest publicly traded owner of open-air, grocery-anchored shopping centers with a significant presence in top-tier coastal and sun belt metropolitan markets.
Geographies
United States
Customer Segments
Retailers, Institutional Investors, Residential Tenants
Upstream Dependencies
Construction and maintenance contractors, Financial institutions for debt financing, Municipalities for zoning and entitlements, Utility providers
Downstream Customers
National and regional retail chains, Local small business tenants, Residential apartment renters, Institutional real estate investors
Competitors & Partners
Competitors
Subsidiaries
Weingarten Realty Investors
Retail REIT merged into Kimco in August 2021
Kimco Realty FAQ
Common questions about Kimco Realty
Kimco Realty Corp. is a leading self-administered real estate investment trust (REIT) and the largest publicly traded owner and operator of open-air, grocery-anchored shopping centers in North America. The company focuses on acquiring, developing, and redeveloping high-quality retail and mixed-use assets located in major metropolitan coastal and sun belt markets. Its core value proposition centers on providing essential, necessity-based retail destinations supported by strong demographics and high barriers to entry.
Kimco Realty (KIM) has a market capitalization of $16.3B and trades on NYSE.
Kimco Realty generated $2.2B in trailing twelve-month revenue with net income of $616.8M, representing a net margin of 28.5%. These figures are based on the Q1 2026 filing.
Kimco Realty's key competitors include Regency Centers Corporation, Federal Realty Investment Trust, Brixmor Property Group Inc., and others. These companies compete in similar markets and product categories.
Kimco Realty has approximately 660 employees.