BRIEF-Kimco Realty Announces Q1 Transaction Activity Highlighted By Sale Of Ten Former RPT Properties For $248 Mln-March 2024-www.financetom.com

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

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

Mar 27, 2024 4:10 AM

March 27 (Reuters) - Kimco Realty Corp ( KIM ):

* KIMCO REALTY® ANNOUNCES FIRST QUARTER TRANSACTION ACTIVITY

HIGHLIGHTED BY THE SALE OF TEN FORMER RPT PROPERTIES FOR $248

MILLION

* KIMCO REALTY CORP ( KIM ) - -NEW INVESTMENT ACTIVITY EXPECTED TO

OUTPACE

DISPOSITIONS FOR REMAINDER OF 2024

* KIMCO REALTY ( KIM )- CO INVESTED ABOUT $67 MILLION UNDER

STRUCTURED

INVESTMENT PROGRAM ON 7 OF PROPERTIES,EXPECTS TO EARN 10%

BLENDED RETURN ON THESE INVESTMENTS

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