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Article: Kimco Realty Corporation Announces Third Quarter 2009 Results; Declares Quarterly Dividend.
- Article from:
- Real Estate Weekly News
- Article date:
- November 20, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kimco Realty Corporation (NYSE: KIM) reported results for the quarter and nine months ended September 30, 2009. Highlights for the third quarter 2009 Declared regular quarterly cash dividend of $0.16 per common share for the first quarter of 2010; Posted quarter end occupancy of 92.4 percent in its combined shopping center portfolio and 91.9 percent in the U.S. portfolio; In the U.S., executed 426 leases totaling 1.7 million square feet, approximately a 42 percent increase on a square footage basis over the same period in the prior year and an 18 percent increase over the prior quarter; Reported 1.3 percent increase in same-space leasing spreads in the U.S.: 2.1 percent ...
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