|Bid||16.32 x 1200|
|Ask||16.33 x 3100|
|Day's Range||16.26 - 16.44|
|52 Week Range||13.16 - 18.86|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||15.99|
|Forward Dividend & Yield||1.12 (6.88%)|
|1y Target Est||N/A|
Macerich's (MAC) Scottsdale Fashion Square will lease 16,000 square feet of space to Wonderspaces for its first permanent location. Wonderspaces' art shows will likely drive mall traffic for Macerich.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples Read More...
The Crystal City Business Improvement District has extended invites to property owners in Pentagon City and Potomac Yard to come into its fold, a move that could ultimately include corporate giant Amazon.com Inc. (NASDAQ: AMZN) with its ambitious headquarters plans for the larger National Landing area. The BID hopes to expand its services to market National Landing as a more unified collective rather than continue to operate just in Crystal City. The effort is also aimed at smoothing the official and perceived boundaries of the three areas, particularly between Crystal City and Pentagon City.
With an alluring range of deals, festive activities, dining and entertainment options at its properties, Simon Property Group (SPG) records solid traffic with the onset of the holiday shopping season.
Though Realty Income (O) will gain from solid investments and focus on service, non-discretionary and low-price retail business tenants, choppy retail real estate market and rate hike remain drags.
Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, has resorted to a portfolio rejig, investing heavily in refurbishments and remerchandising to increase property value.
The Macerich Company's (MAC) recent efforts are aimed at boosting footfall by grabbing attention of tech-savvy shoppers at the company's high productive shopping centers.
All of the empty big box space? It's what Mark Twain alluded to: reports of the death of brick-and-mortar have been greatly exaggerated. Retailers are right-sizing, not down-sizing, experts say.
Kimco Realty's (KIM) Pentagon Centre redevelopment is well located to benefit from the demand driven by its proximity to Amazon's new headquarters in National Landing.
Amazon.com Inc.'s announcement that it will locate one of its second headquarters in Arlington has a lot of people pretty happy. It also has a lot of companies pretty happy. Other than JBG Smith Properties (NYSE: JBGS), which owns many of the existing buildings and development sites in Crystal City and Pentagon City, here are the major property owners near Amazon's future home.
Kimco Realty Corporation is a US$6.7b mid-cap, real estate investment trust (REIT) based in New Hyde Park, United States. REITs own and operate income-generating property and adhere to a different Read More...
Kimco Realty Corp. has proposed expanding an existing Whole Foods Market in Brighton from 20,350 square feet to 45,753 square feet and downsize a Citizens Bank branch from 7,200 square feet to 3,593 square feet.
Kimco Realty's (KIM) Q3 result reflects decent new leasing spreads, all-time high occupancy of small-shop portfolio. However, Toys R Us vacates affected its performance.
Kimco Realty (KIM) delivered FFO and revenue surprises of 0.00% and 0.48%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The real estate investment trust, based in New Hyde Park, New York, said it had funds from operations of $152.1 million, or 36 cents per share, in the period. The average estimate of seven analysts surveyed ...
Kimco Realty's (KIM) Q3 performance is likely to display the benefit of its portfolio-revamp efforts, progress on 2020 Vision, high consumer confidence and improving economy, despite an e-retail boom.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on September 18. Over the last one-month, outflows of investor capital in ETFs holding KIM totaled $3.73 billion.
The bankruptcy filing of Sears Holdings (SHLD) has ushered in opportunities for Kimco Realty (KIM) to benefit from significant mark-to-market of rents and redevelopment prospects.
The real estate investment trusts that own the malls and shopping centres where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans. Most large U.S. malls are controlled by REITs. In recent years, the REITs have cut their exposure to Sears Holdings Corp, which filed for Chapter 11 bankruptcy on Monday.
The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans. Most large U.S. malls are controlled by REITs. In recent years, the REITs have cut their exposure to Sears Holdings Corp, which filed for Chapter 11 bankruptcy on Monday.
Mall real estate investment trust Kimco Realty Corp. said Monday it expects to benefit from the bankruptcy filing by Sears Holdings Corp. . The company said its exposure to Sears is limited to 14 leases, eleven of which are for Kmart stores, equal to about 1.9% of its total gross leasable area. "Today's announcement may afford us the long-awaited opportunity to recapture boxes with significant mark-to-market potential in our core markets, and sparks several new redevelopment opportunities within our portfolio," Kimco Chief Executive Conor Flynn said in a statement. Sears and Kmart pay among the lowest rents of any tenant in Kimco's portfolio, he said, at an average base rent of $5.25 per square foot, compared with the portfolio average of $15.95. The 14 locations have good demographics, with a population of 129,000 within a three-mile radius and average household income of $88,000. Kimco shares were not yet active premarket, but have fallen 18.4% in 2018, while the S&P 500 has gained 3.5%.