Kimco Realty Reports Fourth Quarter and Full Year 2018 Transaction Activity – Business Wire
NEW HYDE PARK, N.Y.–(BUSINESS WIRE)–Kimco Realty Corp. (NYSE:KIM) announced today transaction activity for
the fourth quarter and full year 2018.
During the fourth quarter of 2018, Kimco sold 16 properties and two land
parcels totaling 1.9 million square feet for $357.1 million. Kimcos
share of the sales price was $228.4 million. For the full year 2018, the
company sold 68 properties and eight land parcels totaling 8.2 million
square feet, for $1.1 billion. Kimcos share of the sales price was
$913.9 million. The blended cap rate for 2018 property sales was in line
with the companys expected range of 7.50% to 8.00%.
Read the full article at: https://www.businesswire.com/news/home/20190107006028/en/Kimco-Realty-Reports-Fourth-Quarter-Full-Year