All Posts Tagged With: "KIM"

(DDR) Developers Diversified Realty Divests Assets Worth $87 Million

Developers Diversified Realty Corporation (DDR) recently divested 12 non-prime assets and 4 land parcels for $112 million, of which the company’s share was $87 million. Developers Diversified sold non-strategic assets to improve its portfolio demographics and increase liquidity.... 

7Jul2011 | | 0 comments | Continued

(DDR) Developers Diversified Realty Corporation Refinances Secured Term Loan

Developers Diversified Realty Corporation (DDR), a real estate investment trust (REIT), has recently refinanced its existing secured term loan facility worth $550 million with a new $500 million senior secured term loan. At the same time, the company amended its two senior unsecured... 

1Jul2011 | | 0 comments | Continued

(KIM) Kimco Realty Reports Year-Over-year Quarterly Revenues Increase 10.7%

Kimco Realty Corp. (KIM), a leading real estate investment trust (REIT), reported third quarter 2010 rental revenues of $210.5 million compared with $190.1 million in the year-earlier quarter – an increase of 10.7%. However, total revenues for the reported quarter fell short... 

7Nov2010 | | 0 comments | Continued

(EQY) Equity One to Acquire Capital & Counties USA Unit

On Sunday, Equity One Inc. (EQY) announced its plan to acquire Capital & Counties USA Inc. in a $600 million transaction through a joint venture (JV) with the parent company, Capital Shopping Centres Group plc (“CSCG”). Under the terms of the agreement, CSCG will... 

25May2010 | | 0 comments | Continued

(KIM) Kimco Realty Forms Joint Venture to Acquire Assets

Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently formed a joint venture with BIG Shopping Centers, an Israeli publicly traded company, to acquire high-quality neighborhood and community shopping centers throughout the U.S. Kimco would have the... 

20May2010 | | 0 comments | Continued

(KIM) Kimco Realty Corporation’s Quarterly Revenue Soars

Kimco Realty Corp (KIM), a leading real estate investment trust (REIT), reported a 17.3% increase in first quarter 2010 rental revenues compared to the year-earlier quarter. Revenues for the reported quarter increased to $227.0 million from $193.6 million in the year-ago quarter. The... 

6May2010 | | 0 comments | Continued

(KIM) Kimco Realty’s Revenue Rises

Kimco Realty Corp. (KIM) reported a 7.5% increase in fourth quarter revenues from rental properties. Revenues for the reported quarter increased to $211.8 million from $196.99 million in the year-ago quarter. For full year 2009, revenues from rental properties climbed to $786.89... 

4Feb2010 | | 0 comments | Continued

(KIM) Kimco Realty to Issue Stock to Repay Debt

Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently announced plans to issue 25 million shares to raise cash to repay debt. The company will also grant the underwriters a 30-day option to purchase an additional 3.8 million shares to cover any over-allotments.... 

8Dec2009 | | 0 comments | Continued

(KIM) Kimco Realty’s Funds From Operations Declines

Kimco Realty Corporation (KIM), a real estate investment trust (REIT) operating the largest portfolio of neighborhood and community shopping centers in North America, has reported a decline in third quarter 2009 FFO (fund from operations) to $112.6 million or 30 cents per share... 

8Nov2009 | | 0 comments | Continued

(KIM) The Commercial Real Estate Fallout: Profiting From the Death of the Shopping Mall

by David Fessler, Advisory Panelist On April 17, I wrote about the massive train wreck coming in commercial real estate. As it turns out, my estimates of the coming devastation – which seemed outlandish to some at the time – have actually turned out to be too conservative. The... 

18Jun2009 | | 0 comments | Continued