Guided by its 2020 Vision, Kimco Realty (KIM) exited Q4 with improved occupancy. The company leased more than 10.0 million square feet in 2017, denoting the highest leasing volume in past 10 years.
Kimco Realty Corp.'s (KIM) Q4 results reflect growth in revenues and high occupancy level.
Federal Realty Investment Trust's (FRT) Q4 results reflect growth in revenues. However, its proactive releasing efforts to reposition properties adversely affected the company's performance.
Vornado Realty's (VNO) Q4 performance reflects growth in occupancy and same-store net operating income (NOI) in the New York portfolio. The company also achieved growth in revenues in the quarter.
Amid an improving economy, Kimco Realty's (KIM) retail properties have the capability to generate decent cash flows in Q4. However, declining mall traffic and store closures remain concerns.
Regency Centers' (REG) buyout of two neighboring properties In Long Island fortifies its portfolio with assets that boast an experienced tenant roster.
DDR Corp's (DDR) senior unsecured debt ratings downgrade by Moody's affects the company's securities worth $3.3 billion. Nonetheless, the rating outlook has been revised to stable from negative.
DDR Corp's (DDR) spin-off of 50 assets, including the entire Puerto Rico portfolio, will help the company shift focus on prime assets offering high-growth opportunities.
Choppy retail real estate environment might limit any robust growth for DDR Corp (DDR), but it is making efforts to achieve an optimum portfolio mix.
GGP Inc (GGP) special committee turns down Brookfield Property Partners' $14.8 million unsolicited takeover proposal, citing inadequacy of the offer.
Simon Property (SPG) focuses to blend retailing with the digital world by launching "Santa Messenger Bot" tto drive higher mall traffic.
Kimco Realty's (KIM) 2020 Vision, which aims ownership of premium assets in strategic locations, will enhance its portfolio. However, aggressive dispositions will hinder short-term earnings growth.
Retail REITs are also increasingly feeling the heat of the e-commerce assault.
Kimco Realty (KIM), in alliance with JV partner, Rockefeller Group, sells a portion of Miramar Town Center. This is in sync with Kimco's 2020 Vision, aimed at shrinking the company's JV portfolio.
Kimco (KIM) announces a $108-million project to transform the Owings Mills Mall into an outdoor shopping center, Mills Station. Costco will be the anchor tenant.
Hedge fund Elliott Management, which has significant stake in Taubman Centers (TCO), is suggesting strategic changes and recommending the company to go private amid the dull retail environment.
Kimco Realty's (KIM) $180-million redevelopment project at The Boulevard will enable the company to enhance its growth profile in the Staten Island market.