S&P upgrades Kimco Realty's rating outlook to positive, highlighting solid performance expectations

From GlobeNewswire.: 2024-09-12 06:50:00

Kimco Realty (NYSE: KIM) receives a positive outlook revision from S&P Global Ratings, reaffirming the Company’s ‘BBB+’ Issuer Credit Rating. The revision reflects expectations for solid operating performance over the next two years due to favorable retail fundamentals, high leased occupancy, positive leasing spreads, and growth potential at recently acquired RPT properties. Kimco Realty specializes in high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in strategic U.S. markets. Investors can access company information through the investor relations website, SEC filings, press releases, and social media channels. For further details, refer to the Company’s Safe Harbor Statement. David F. Bujnicki serves as the Senior Vice President of Investor Relations and Strategy for Kimco Realty Corporation. For inquiries, contact 1-833-800-4343 or email [email protected].



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