Kimco Realty Reports Fourth Quarter and Full Year 2018 Transaction Activity – Business Wire

NEW HYDE PARK, N.Y.–()–Kimco Realty Corp. (NYSE:KIM) announced today transaction activity for
the fourth quarter and full year 2018.

2018 Activity:

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

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