Brief: Kimco Realty Announces Q1 Transaction Activity Highlighted By Sale Of Ten Former RPT Properties For $248 Mln

Kimco Realty

27/03/2024 10:52

March 27 (Reuters) - Kimco Realty Corp  KIM.N :
    * KIMCO REALTY® ANNOUNCES FIRST QUARTER TRANSACTION ACTIVITY
HIGHLIGHTED BY THE SALE OF TEN FORMER RPT PROPERTIES FOR $248
MILLION
    * KIMCO REALTY CORP - -NEW INVESTMENT ACTIVITY EXPECTED TO
OUTPACE
DISPOSITIONS FOR REMAINDER OF 2024
    * KIMCO REALTY- CO INVESTED ABOUT $67 MILLION UNDER
STRUCTURED
INVESTMENT PROGRAM ON 7 OF PROPERTIES,EXPECTS TO EARN 10%
BLENDED RETURN ON THESE INVESTMENTS

Source text for Eikon:  ID:nBwFLzDra 
Further company coverage:  KIM.N 

 ((Reuters.Briefs@thomsonreuters.com;))