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Kimco Realty reported strong fourth-quarter results, with net income of $154.8 million and FFO of $286.9 million, reflecting year-over-year growth. The company achieved a 96.3% pro-rata portfolio occupancy rate and completed key acquisitions, strengthening its high-quality, grocery-anchored shopping center portfolio.
Kimco Realty expects steady growth in 2025, with net income projected at $0.70-$0.72 per share and FFO of $1.70-$1.72 per share, driven by stable leasing demand and strategic investments.
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